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PBOC net drain 550bn via MLF. Rate unchanged at 2%

PBOC net drain 550bn via MLF. Rate unchanged at 2%

Central Banks
Eamonn Sheridan
25/11/2024 | 01:46 GMT
  • 900bn yuan 1 year MLF, @ 2% vs. 1450bn yuan mature.

People's Bank of China issue a one year MLF at 2%

  • 900bn yuan added
  • 1445bn yuan in MLF mature today .... matured on November 15
  • net 550bn yuan drain
pboc Medium-term Lending Facility (MLF) 25 October 2024 2

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