China conducts 500-bln-yuan MLF operation to sustain banking liquidity
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China conducts 500-bln-yuan MLF operation to sustain banking liquidity
BEIJING, June 25 (Xinhua) -- The People's Bank of China (PBOC) on Thursday carried out a 500-billion-yuan (about 73.3 billion U.S. dollars) one-year medium-term lending facility (MLF) operation, aiming to maintain adequate liquidity in the country's banking system. The central bank said this MLF op»»»
China to conduct 500b-yuan MLF operation on Wednesday
BEIJING - The People's Bank of China on Tuesday announced that it will carry out a 500-billion-yuan ($72.52 billion) one-year medium-term lending facility (MLF) operation on Wednesday, aiming to maintain adequate liquidity in the country's banking system. The central bank said this MLF will be cond»»»
China's central bank injects $70 billion into economy with new liquidity tool
China's central bank, the PBOC, injected 500 billion yuan ($70 billion) into money markets via a new reverse repo tool to maintain liquidity in the banking system. This comes as banks face funding pressure and reduced savings, with additional government debt expected to further strain liquidity. Be»»»
China central bank cuts medium-term loan rate
SHANGHAI: China's central bank lowered the cost of its medium-term loans to banks on Wednesday (Sep 25) in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. The People's Bank of China (PBOC) said it cut the rate on 300 billion yuan (US$42.66»»»
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