PBOC also injects 10B yuan via 7-day reverse repos
- 1-year MLF rate at 2.95% vs 2.95% prior
- 7 day repo rate at 2.20% vs 2.20% prior
There is a 700B one-year MLF expiring this week.
In other China news, it reported 13 new covid cases in mainland china vs 24 a day earlier via local transmission.
