PBOC injects nearly 300bn yuan into market for one year in TMLF

This is the Targeted Medium Term Lending Facility we heard rumours of earlier

• PBOC said to be conducting a targeted MLF today

297.7bn yuan of TMLF

• one year
• 3.15%

Also, 200m yuan MLF

• 3.30%
• one year

PBOC says these to effectively roll over amounts in MLFs maturing today.