近期央行续作MLF,重启逆回购,宽松政策加码,后期债市收益率仍有下行空间。央行1月2 1日晚间表示,近日在到期的2 6 9 5亿元中期借贷便利(MLF)续做同时,新增5 0 0亿元,利率与2014年1 0月操作相同。此次MLF操作对象为股份制商业银行、城市商业银行和农村商业银行,操作期限3个月,利率为3.5%。国信证券表示,既然结构性货币政策工具还在使用,那么全面降准时点自 Recently the central bank continued to make MLF, restart the reverse repurchase, easing the policy overweight, the bond market bond yields are still down space. The central bank said on the evening of January 21 that the newly added 2.59 billion yuan of medium-term loan facility (MLF), which was due to expire recently, added 5 billion yuan at the same rate as the January 2014 operation. The target of this MLF joint-stock commercial banks, urban commercial banks and rural commercial banks, the operation period of 3 months, the interest rate was 3.5%. Guoxin Securities said that since the structural monetary policy tools are still in use,