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The Medium-term Lending Facilities......>

CHINA PRESS
CHINA PRESS: The Medium-term Lending Facilities injection yesterday raised the
possibility that the PBOC may hike its monetary policy rates following a very
likely U.S. Fed rate hike in March, reported the China Securities Journal on
Thursday. The PBOC did not inject enough to cover all MLF maturing in March and
only rolled over the expired amount yesterday, suggesting there will be another
MLF injection this month. This injection is likely to happen on March 16, when a
total of CNY189.5 billion in MLF loans will mature, the report said. The rate
increase, if it happens, will likely be 5 basis points, the same as in December,
the report said. 

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