[The first week after the holiday, trillions of funds will expire] The first week after the Spring Festival holiday, the capital market will have 680 billion yuan reverse repurchase expires, February 13th 393 billion yuan MLF expires, returning 9.5 billion yuan to replace MLF, so A total of 106.3 billion yuan of funds expired. In the last week before the holiday, the market has no reversal repurchase due, and the accumulated net investment of the week is 180 billion yuan. The agency expects that the money market is expected to usher in a "good time" after the Spring Festival. In the future, we need to pay attention to the credit situation and the issuance of government bonds. These two aspects may have a certain impact on the liquidity of the money market. (一财)