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People's Bank of China set MLF rate at 2.5% (expected 2.5%, prior 2.5%)

more to comePBOC inject 591bn yuan via a one-year MLF at 2.5%400bn yuan of MLF are maturing todaythus net MLF injection is 191bn yuanAlso:PBOC sets 14-day RR rate at 1.95% vs. 2.15% previously --The PBOC's MLF rate is a benchmark interest rate that banks in China can use to borrow funds from the People's Bank of China for a period of 6 months to 1 year, medium-term liquidity to commercial banks.The rate is typically announced on the 15th of each month.The interest rate on the MLF loans is typica...
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Posted: Sep 15 2023, 01:20
Author Name: forexlive
Views: 091295