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MNI:PBOC Net Drains CNY795Bn Via MLF; Injects CNY179Bn Repo

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY284 billion via 14-day reverse repos, with the rate unchanged at 1.65%. The operation led to a net injection of CNY179 billion after offsetting the maturity of CNY105 billion today, according to Wind Information.

The PBOC also conducted CNY200 billion one-year medium-term lending facility, with the rate unchanged at 2.00%, to help offset the maturity of CNY995 billion MLF today, resulting in a net drain of CNY795 billion. 

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY284 billion via 14-day reverse repos, with the rate unchanged at 1.65%. The operation led to a net injection of CNY179 billion after offsetting the maturity of CNY105 billion today, according to Wind Information.

The PBOC also conducted CNY200 billion one-year medium-term lending facility, with the rate unchanged at 2.00%, to help offset the maturity of CNY995 billion MLF today, resulting in a net drain of CNY795 billion. 

Keep reading...Show less