SHANGHAI (Reuters) - China central bank said it conducted its first swap operation involving securities, fund, and insurance companies for the amount of 50 billion yuan ($7.03 billion) on Monday.

BEIJING - The People's Bank of China (PBOC) has conducted the first operation of the Securities, Funds and Insurance companies Swap Facility (SFISF), aiming to leverage the role of financial institutions better in stabilizing China's capital market, according to the central bank on Monday.

SHANGHAI (Reuters) - The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country's government bonds in open-market operations in September. China's long-dated bond yields reversed sharply last week,

The Chinese central bank’s swift enactment of swap facilities has raised market expectations of a firm implementation of monetary-easing policies to help drive up the country’s economic activities. The People’s Bank of China (PBOC) announced its first swap operation,