Reuters with the report citing unnamed sources:

  • overnight, 7-day, 1-month SLF loans to be cut to rates of 2.95%, 3.10%, and 3.45% respectively
  • that's a lowering by 10bps for each tenor

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Standing Lending Facility (SLF)

  • Aimed mainly at small- and medium-sized financial institutions
  • Maximum maturity has been kept at one month or below for the past years