PBoC delivers first MLF rate cut since 2016
The People’s Bank of China injected Rmb400bn ($57bn) of medium-term lending facility into the interbank market on Tuesday morning to roll over Rmb403.5bn of maturing MLF. It also lowered the one-year MLF rate by 5bp to 3.25%.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com