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The PBOC may roll over the Targeted.....>

CHINA PRESS
CHINA PRESS: The PBOC may roll over the Targeted Medium-Term Lending Facility
(TMLF) set to mature this Thursday with extra funds, the Securities Times
reports. Citing Ming Ming, the chief analyst at CITIC Securities, the report
says the central bank will continue to conduct reverse repos before the Chinese
New Year, although on a smaller scale. Ming said there was still a liquidity gap
of CNY1.3 trillion in January after the PBOC injected CNY1.9 liquidity on
Sunday. 

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