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Adding to the previous point, the PBoC has....>

CHINA
CHINA: Adding to the previous point, the PBoC has noted that it has rolled over
the MLF & TMLF together.
- Interesting, there is no TMLF maturing today based on the calendars that I can
see.
- However July 23 does see the maturity of CNY200bn worth of 1-Year MLF and
CNY297.7bn worth of 1-Year TMLF, so today's move looks likely to be only be a
partial rollover.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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