PBOC injects 700 bn yuan liquidity to the banking system
- one-year MLF
- rate of 2.85%, down from previous 2.95%
There are 500 bn yuan MLF and 10 bn yuan reverse repo expiring today.
The Bank also injected 100bn yuan vua 7 data RRs at a reduced rate, 2.1% vs 2.2% previously
I posted earlier on the 500bn maturing today.
