China Taxa de Empréstimo Bancário

The People's Bank of China (PBOC) injected a total CNY 499 billion via a one-year medium-term lending facility (MLF) to some financial institutions and kept the interest rate unchanged at 2.75% on Wednesday. With CNY 300 billion of MLF loans maturing on the same day, the operation resulted in a net CNY 199 billion fresh fund injection into the banking system. The central bank also pumped CNY 203 billion through seven-day reverse repos while keeping borrowing cost unchanged at 2%.