PBOC injects 700 bn yuan liquidity to the banking system

  • one-year MLF
  • rate of 2.85%, down from previous 2.95%

There are 500 bn yuan MLF and 10 bn yuan reverse repo expiring today.

The Bank also injected 100bn yuan vua 7 data RRs at a reduced rate, 2.1% vs 2.2% previously

I posted earlier on the 500bn maturing today.