China's central bank offered a total of 100 billion yuan (15.4 billion U.S. dollars) in six-month medium-term lending facility (MLF) loans at 3.25 percent to 13 financial institutions on Friday. "The move is aimed at maintaining proper ...
Tags: Central Bank, Liquidity
The People's Bank of China (PBOC), China's central bank, extended a 6-month medium-term lending facility (MLF) worth 250 billion yuan (over 40 billion U.S. dollars) at an interest rate of 3.35 percent to 11 banks on Friday. The extension ...
Tags: People's Bank of China, central bank, medium-term lending facility
China is set to boost local debt swap by admitting municipal bonds as collateral for borrowing. Under the new rule, banks can pledge municipal bonds as collaterals in the central bank's repurchase agreement operations and other liquidity ...
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday. ...