So reports Financial news in China
- People's Bank of China to inject around 200bn yuan in MLF loans
huh …. so the reports go. But no indication on maturity (it'll be either 1 year or 6 months, maybe 3) nor interest rate as yet (last time the rate was 3.3%)
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OK, if yer asking 'whats a MLF?' - check this out: a quick guide to PBOC policy tools
Medium-term Lending Facility (MLF)
- three, six and 12 months loans
- loans to banks