The People's Bank of China said Tuesday.......>

CHINA: The People's Bank of China said Tuesday that it had injected CNY134.06

billion in liquidity into the interbank market via its Standing Lending Facility

(SLF) in December, including CNY720 million in overnight, CNY83.96 billion in

seven-day and CNY49.38 billion in one-month instruments. The September injection

was more than five times the CNY24.18 billion addition in November. The level of

outstanding SLF borrowing stood at CNY130.42 billion at the end of December,

compared with CNY19.96 billion at the end of November. The PBOC also said it had

lent a total of CNY476 billion through one-year maturities of its Medium-term

Lending Facility (MLF) in December at a rate of 3.25%. The MLF injection in

November was CNY404 billion. The level of outstanding MLF lending stood at

CNY4.52 trillion at the end of December, up from CNY4.42 trillion at the end of

November, the PBOC said. The PBOC also injected a net CNY65.9 billion last month

via its Pledged Supplement Lending facility to the three Chinese policy banks,

resulting in a total outstanding PSL level of CNY2.69 trillion.