PBOC injects 257bn yuan in a targeted MLF operation - ConsultFX

PBOC injects 257bn yuan in a targeted MLF operation

People's Bank of China injects 257.5bn yuan - 1 year 'targeted' MLF, a TMLF - rate is 3.15% The TMLF is a new tool from the Bank, aim is to release long-term liquidity to support private and small companies. The PBOC introduced the tool into their arsenal in December last year, today is its first use. It can