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MNI: PBOC Issues CNY300 Bn 1-Y MLF; Net.......>

CHINA
CHINA: MNI: PBOC Issues CNY300 Bn 1-Y MLF; Net Injects CNY400 Bn
- The People's Bank of China (PBOC) injected CNY300 billion via one-year
medium-term lending facility (MLF) on Wednesday. The central bank also injected
CNY100 billion via 14-day reverse repos, according to a statement on the PBOC
website.
- These operations injected net CNY400 billion as no MLF or reverse repos mature
today, according to Wind Information. These aim to offset the demands of cash
and tax payments and maintain liquidity in the banking system at a reasonable
and ample level before the Chinese New Year, the PBOC said.
- For full story see MNI Main Wire at 02:28 GMT 01/15 or contact
sales@marketnews.com for access.
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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