PBoC holds MLF rate steady for third month, withdraws largest cash since 2014

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Dec. 25, 2024 12:08 AM ETFXI, PGJ, EWH, CAF, USD, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KURE, USD:CNY, CNY:USDBy: Meghavi Singh, SA News Editor
Beijing, China - May 4, 2021: Head Office of the People

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  • The People’s Bank of China ((PBoC)) launches a one-year medium-term loan facility (MLF) worth CNY 300 billion to financial institutions at the same 2.0% interest rate.

  • This is in contrast to the CNY 1.45 trillion in MLF loans that are


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