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CHINA: Just a reminder that CNY176.5bn worth of 1-Year MLF is set to mature
- Rumours have been rife in recent days re: the potential for a MLF rate cut.
- More focus had been placed on the operations that are set to mature on Sep 17,
which still comes ahead of the latest LPR fixing, scheduled for Sep 20.
- However, Friday's RRR cut has seen some speculate that a move could come as
soon as today.