>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
China’s central bank rolled over maturing medium-term loans while keeping borrowing costs unchanged for the third consecutive month, adding to signs that the authority is likely to implement more normal policy as the economy continues to recover.
The People’s Bank of China (PBOC) said it kept the interest rate on 400 billion yuan of one-year medium-term lending facility (MLF) loans to financial institutions unchanged at 2.95 per cent from the previous operation.
The MLF operation is a rollover of two batches of maturing MLF loans and a targeted TMLF . . .
Sign In or Subscribe To Get Full Access.
Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.
Follow China Market In The Most Efficient Way!
We offer limited-time welcome discount to let more people experience the value of our exceptional services. Don't Miss Out - Grab it!
Sign Up For Free Weekly China Market Highlights HERE!