PBOC inject 600bn yuan via a 1 year MLF

Author: Eamonn Sheridan | Category: Central Banks

 People's Bank of China skipped OMOs earlier.

Instead have added in 600bn yuan via a one-year Medium-term Lending Facility (MLF in case you were wondering) operation 
  • rate 2.95%, unchanged from its previous MLF
  • 170 bn yuan in reverse repo mature today
  • 200 bn yuan MLF loans mature on September 17

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