Express
PBOC Injects CNY400B Via One-Year MLF At 2.95%
Summary: On July 15, 2020, the Chinese central bank has issued a 400-billion-yuan one-year medium-term lending facility (MLF) at 2.95%, unchanged from the previous operation. No reverse repo is conducted this time.PBOC added that this is a continuation of the two MLFs expired this month an another TMLF expired at the same time. Tracy Chen
On July 15, 2020, the Chinese central bank has issued a 400-billion-yuan one-year medium-term lending facility (MLF) at 2.95%, unchanged from the previous operation. No reverse repo is conducted this time.
PBOC added that this is a continuation of the two MLFs expired this month an another TMLF expired at the same time.
Tracy Chen
