PBOC inject 400bn yuan in one year MLF (600bn mature) - rate unchanged

The rate, 2.75%, remains unchanged from August as was widely expected.

In August the rate dropped from 2.85%.

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On Tuesday next week, the 20th, the PBOC will set one and five year loan prime rates. Given the MLF rate has remained steady three is no change expected to the LPR rates next week.

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