The People’s Bank of China (PBOC) also said it had injected another 10 billion yuan (US$1.5 billion) worth of seven-day reverse repos into the banking system. Photo: AFP
The People’s Bank of China (PBOC) also said it had injected another 10 billion yuan (US$1.5 billion) worth of seven-day reverse repos into the banking system. Photo: AFP
Economy /  China Economy

China keeps interest rate unchanged for 11th straight month, rolls over 100 billion yuan of medium-term loans

  • The rate on 100 billion yuan (US$15.37 billion) worth of one-year medium-term lending facility (MLF) loans to financial institutions is being kept steady at 2.95 per cent
  • The People’s Bank of China (PBOC) also said the operation was a rollover of the same amount of maturing MLF loans due on Tuesday

Reuters
Reuters

Updated: 12:41pm, 15 Mar, 2021

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The People’s Bank of China (PBOC) also said it had injected another 10 billion yuan (US$1.5 billion) worth of seven-day reverse repos into the banking system. Photo: AFP
The People’s Bank of China (PBOC) also said it had injected another 10 billion yuan (US$1.5 billion) worth of seven-day reverse repos into the banking system. Photo: AFP
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