People's Bank of China action - expected to inject liquidity today via MLF

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Eamonn Sheridan

16/03/2020 | 01:11 GMT

MLF is a medium term lending facility

loans to commercial banks
for 6 to 12 months

Expected this morning in China.

We already seen steps taken from many central banks around the globe this Sunday/Monday. PBOC part of that now.

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