1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

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

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    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
    For more information, read our latest forex news.
     

Share This Page