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China's central bank injected funds through medium-term loans into the financial system on Friday, while keeping the interest rate unchanged for the 18th month in a row. ....
By Reuters Staff 1 Min Read SHANGHAI, March 15 (Reuters) - China’s central bank on Monday injected medium-term loans into the banking system while keeping the interest rate unchanged for an 11th straight month. The People’s Bank of China (PBOC) said in a statement it was keeping the rate on 100 billion yuan ($15.37 billion) worth of one-year medium-term lending facility (MLF) loans to financial institutions steady at 2.95% from previous operations. The PBOC also said the operation was a rollover of the same amount of maturing MLF loans due on Tuesday. It added that it has injected another 10 billion yuan worth of seven-day reverse repos into the banking system. ....
By Reuters Staff 1 Min Read SHANGHAI, Feb 18 (Reuters) - China’s central bank on Thursday rolled over maturing medium-term loans while keeping the interest rate unchanged for a 10th straight month. The People’s Bank of China (PBOC) said in a statement it was keeping the rate steady at 2.95% on 200 billion yuan ($30.99 billion) worth of one-year medium-term lending facility (MLF) loans to financial institutions. The same amount of such MLF loans were due on Thursday. The PBOC also injected another 20 billion yuan via reverse repos, while 280 billion yuan worth of a similar liquidity tool was set to expire on the same day. ....