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Home / Metal News / PBOC Rolls Over Maturing MLF to Inject Liquidity

PBOC Rolls Over Maturing MLF to Inject Liquidity

iconSep 7, 2017 13:13
The People's Bank of China (PBOC) rolled over maturing medium-term lending facility (MLF) today to provide liquidity into market. 

SHANGHAI, Sept. 7 (SMM) – The People's Bank of China (PBOC) rolled over maturing medium-term lending facility (MLF) today to provide liquidity into market. 

The PBOC conducted 298 billion yuan worth of one-year MLF on Thursday at a bid rate of 3.2%, unchanged from the previous rate.

A total of 169.5 billion yuan of MLF became mature on the same day, while another 113.5 billion yuan of MLF will become due on September 16.  
  
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