People's Bank of China conduct 1 year MLF operation

Author: Eamonn Sheridan | Category: Central Banks

PBOC Medium Term Lending Facility operation 

Injection of funds for 1 year 
  • 100bn yuan
  • rate is 2.95% (prior MLF was 3.15% …. the headline earlier was of a cut to the MLF rate on Friday, comes 2 days early)
That rate is the lowest ever for an MLF operation

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