PBOC to run SFISF swap-facility operation on 3 November; 31 firms apply for over 100 billion yuan, one-year tenor extendable.
China's central bank open-market desk said on 2 November in SFISF tender notice [2026] No. 1 that, to support healthy and stable capital-market development, it will conduct a securities, funds and insurers swap-facility operation on 3 November, with a one-year tenor that may be extended; 31 securities and fund firms have applied for more than 100 billion yuan. CNR, China News Service (via CCTV News), Yicai and National Business Daily relayed the PBOC notice. SCMP said the move aims to channel about US$15 billion into the onshore stock market to shore up confidence after a severe sell-off. Reuters, via MarketScreener, said the PBOC will run the swap on 3 November with 31 firms and an allotment of 100 billion yuan (about US$15.04 billion), allowing institutions to obtain liquidity to buy stocks. Newsquawk likewise summarised a one-year extendable facility with applications above 100 billion yuan. Final allotment awaits the 3 November result notice.