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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CHINA
All of those surveyed by BBG expect the PBoC 1-Year & 5-Year LPRs to fix at unchanged levels later today, at 3.85% & 4.65% respectively.
- This comes on the back of the stagnant picture in the PBoC rates space in recent months, while central bank and broader policymaker communique has played down the prospect of any broad monetary easing. The Bank is set to continue to provide targeted measures in the months ahead, with a focus on liquidity provisions and support for the real economy. China's economic recovery since the wide shutdowns that were triggered by the COVID-19 outbreak have made such an approach possible.
PBoC Rates Corridor
Source: Bloomberg
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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