PBOC injects CNY 240.5 bn via one-year TMLF
|The People's Bank of China (PBOC) injected CNY240.5 billion via a one-year Targeted Medium-Term Lending Facility (TMLF) on Thursday at 3.15%, unchanged 3.15% seen in the previous operation.
It did not follow a reduction in the medium-term liquidity tool (MLF) in November, as traders had expected.
No further details have been provided on the same.
Meanwhile, the coronavirus outbreak remains a weight on the market sentiment, with Macau now reporting a second case of the virus.
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