PBOC injects CNY 300 billion via one-year MLF on Wednesday

People's Bank of China (PBOC) injected CNY 300 billion via a one-year Medium-Term Lending Facility (MLF) on Wednesday, as hinted by some traders last hour.
The MLF operation was conducted at the same 3.25% rate as in the previous operation.
Meanwhile, the Chinese central bank earlier injected CNY 100 billion via 14-day Reverse Repos (RRS).
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















