PBOC to add 1 year funds liquidity through MLF. Amount is 265bn yuan.

Author: Eamonn Sheridan | Category: Central Banks

Earlier today the PBOC skipped OMO

It got spidey senses tingling and I wondered out loud if we'd get a longer-term fund injection
And here it is
  • 1 year medium term lending facility
  • lends 265 bn yuan for a year
  • rate unchanged from prior operation, at 3.3% 
Another bump up in domestic liquidity from the Bank. Should be a positive input for Chinese stocks after weekend news was a bit of a downer (more tariffs, less talks
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