PBOC injects 200bn yuan vs. 795bn maturing (Medium-term Lending Facility (MLF) net drain)

The People’s Bank of China have added 200bn yuan via a one-year MLF, at an unchanged rate of 2%

  • this does not offset the 795bn yuan of MLF maturing

This article was written by Eamonn Sheridan at www.forexlive.com. Source