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PBOC will lower 3-month MLF rate to 2.75% vs 3.0%

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 19, 2016.

  1. ForexLive

    ForexLive Forum Member

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    PBOC on the wires confirming an adjustment to Medium Term Lending Facility - will inject yuan 600bln via MLF, SLF and PSL - will keep liquidity in banking system reasonably adequate The MLF is a supplementary liquidity management tool that the central bank uses occasionally to boost liquidity. There has been talk of the PBOC checking the needs of various banks lately so this move should come as no surprise.

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