PBOC slashed rates for 1-yr MLF loans to 3% vs. 3.25%

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    More details on PBOC lowers rates for MLF loans, Reuters quoting "sources with direct knowledge of the matter”:

    PBOC has asked selected banks about their demand for extra liquidity through its medium-term lending facility

    Lowered offered rates for the loans to 2.85% for six-month loans and 3% for one-year loans

    Rates were previously 3% for six-month loans and 3.25% for one-year loans
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