Fx Primus Rebates

PBOC adds liquidity via 1 year MLF facility

People’s Bank of China   – 1 year lending – 383bn yuan  – at 3.3% – Medium term lending facility    The PBOC has not injected funds via reverse repos in open market operations (not drained) for 19 consecutive days. Today they’ve added liquidity to banks via a one-year injection with this MLF.