Free Trial

PBOC Likely To Add Liquidity In Late August

CHINA PRESS
MNI (Singapore)

The People’s Bank of China will likely increase liquidity injections later in August to offset maturing medium-term lending facilities and meet accelerated government bond sale demand, China Securities Journal reported, citing analysts. Government bond net issuance will reach a yearly high of CNY1.6-1.8 trillion this month, according to analysts from HUAXI Securities. The PBOC should deal with the large amount of maturing MLF funds this year by increasing MLF injections or cutting the reserve requirement ratio to release medium- and long-term liquidity, the Journal said.

To read the full story

Close

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.