The_King Posted December 16, 2019 Share Posted December 16, 2019 SHANGHAI, Dec 16 (Reuters) - China’s central bank extended 300 billion yuan ($42.6 billion) through its medium-term lending facility on Monday, but kept the lending rate unchanged. The People’s Bank of China (PBOC) said on its website the interest rate on one-year MLF loans remained 3.25%, the same as in the previous operations. The injection of fresh funds exceeded a batch of 286 billion yuan worth of such one-year MLF loans due to mature on the same day, injecting a net 14 billion yuan into the market. The central bank last cut the interest rate on the one-year MLF by a marginal five basis points in November. China will report its monthly lending benchmark Loan Prime Rate (LPR) on Friday. The new LPR is linked to the MLF rate. https://www.reuters.com/article/china-economy-mlf/china-cbank-injects-300-bln-yuan-via-1-year-mlf-rates-unchanged-idUSL4N28Q0K5 Link to comment Share on other sites More sharing options...
aaur4man Posted December 16, 2019 Share Posted December 16, 2019 All focus in country liao.....see foreign deals how Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now