PBOC 400 billion yuan 1-year MLF at 2.95%, rate unchanged

Author: Eamonn Sheridan | Category: Central Banks

People's Bank of China skipped OMOs earlier, inject funds for a year instead using the medium term lending facility

There are a few of these MLFs maturing in July:
  • 200 bn yuan expire today
  • 200 bn yuan MLF expire on July 23

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