Home PBOC injects CNY700 B via one-year MLF at 2.95%

PBOC injects CNY700 B via one-year MLF at 2.95%

Updated: 17 Aug. 2020 | 03:57

The People’s Bank of China (PBOC) injected CNY700 billion via one-year medium-term lending (MLF) facility on Monday.

The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the fourth straight month.

more to come ..

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