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It’s the MLF day in China – No rate cut expected from the People’s Bank of China

The People's Bank of China sets the medium-term lending facility rate on the 15th of each month. The rate is currently 2.3%, after the People's Bank of China made a surprise interest rate cut on the 25th of last month!There is a widespread…

MLF day in China – No rate cut expected from the People’s Bank of China

What is the MLF?The PBOC's MLF rate is a benchmark interest rate that banks in China can use to borrow funds from the People's Bank of China for a period of 6 months to 1 year, as medium-term liquidity to commercial banks.The rate is…

PBOC leaves MLF rate unchanged at 2.5%, as expected

China's central bank, the People's Bank of China, left its Medium-term Lending Facility (MLF) rate unchanged at 2.5% on Sunday. Surveys had shown around two thirds of analysts had expected the rate to be unchanged, others expecting a small…

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…

Economic calendar in Asia 16 October 2023 – People’s Bank of China MLF day

The People's Bank of China will be setting its Medium-term Lending Facility (MLF) rate today. Watch for this just after 0115 GMT (2115 US Eastern time). The Bank is expected to keep borrowing costs via the MLF unchanged this month at 2.5%.…

People’s Bank of China set MLF rate at unchanged 2.65%, as expected

Medium Term Lending Facility of the People's Bank of China (MLF)The People's Bank of China injects 103 billion yuan via a one-year multilateral fund at 2.65% 9 where 125 billion yuan was expected, before injecting 237 billion yuan)100…