Fx Primus Rebates

China – PBOC adds liquidity via one year fund injection

One year MLF (medium term lending facility provides cash to banks) – Adds 403.5bn yuan – rate is at 3.3%, unchanged from the previous 1 year MLF fund injection rate The injection offsets the amount of medium term funds maturing today. I guess my headline should should read maintains liquidity rather than adds, if I’m…