People’s Bank of China MLF rate at 2.5% (expected 2.5%, prior 2.5%): injects 1450bn yuan
Injects 1450 bn yuan for 1 year850bn yuan of MLF mature todaythus a 600 bn yuan injections via 1 year funds, the largest since December 2016-What is the MLF?The PBOC's MLF rate is a benchmark interest rate that banks in China can use to…