- Analytics
- News and Tools
- Market News
- PBOC likely to keep MLF rate unchanged on Thursday – Securities Daily
PBOC likely to keep MLF rate unchanged on Thursday – Securities Daily
The People's Bank of China (PBOC) is expected to maintain the rate on the medium-term lending facility (MLF) on Thursday as liquidity in the inter-bank market is viewed as reasonably ample, the Securities Daily reported, citing analysts.
Additional quotes
“Analysts are divided on how much of a maturing CNY600 billion MLF will be rolled over.”
“Some believe the PBOC will roll over a lower amount given sufficient money supply and liquidity, while others believe a renewed amount of CNY600 billion will help stabilize growth.“
“The one-year MLF rate sits at 2.75% after two 10 bp cuts in August and January.”
- USD/CNH Price Analysis: Struggles around 6.9200 as bears keep reins
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
