PBOC issues additional Medium Term Lending Facility 15 Feb

  • rates unchanged
  • 6 month - 150 bln
  • 12 month - 243.5 bln

PBOC adding liquidity for banks.

FYI:

Medium-term Lending Facility (MLF)

  • three, six and 12 months loans
  • loans to banks

Standing Lending Facility (SLF)

  • Aimed mainly at small- and medium-sized financial institutions
  • Maximum maturity has been kept at one month or below for the past two years