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PBOC Injects CNY400B Via One-Year MLF At 2.95%

Tracy CHEN

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

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