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The PBOC may continue to use targeted...>

CHINA PRESS
CHINA PRESS: The PBOC may continue to use targeted reserve requirement cuts, the
standing lending facility (SLF) and medium-term lending facility (MLF) to inject
liquidity and calm fears about the health of small banks, China Securities
Journal said on Tuesday. Other measures could include financing and
rediscounting, the newspaper said. The PBOC has introduced a credit risk hedging
tool for holders of interbank certificates of deposit (CDs) issued by the Bank
of Jinzhou on Monday, and this is funded by the PBOC's refinancing, the Journal
said. 

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