Cites the availability of many People's Bank of China tools:

  • SLF
  • MLF
  • targeted RRR cuts

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A while back I did a guide to the tools available for the PBOC, for example:

Medium-term Lending Facility (MLF)

  • three, six and 12 months loans
  • loans to banks

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 two years