Wednesday , 13 November 2024
Home Forex PBOC to lower collateral for Medium-term Lending Facility (MLF) loans
Forex

PBOC to lower collateral for Medium-term Lending Facility (MLF) loans

People’s Bank of China:

  • To lower collateral requirements for medium term lending facility
    loans from july
  • The move is meant to
    increase the size of tradable bonds in the market
  • Move is to alleviate
    pressure on supply and demand of bonds in the market

PBOC is wading in to easing, this from earlier:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Japan PPI (October) +0.2% m/m (expected 0%) and +3.4% y/y (expected +3.0%)

Japanese wholesale prices, the PPI or CGPI:+0.2% m/mexpected 0.0%, prior 0.0%+3.4% y/yexpected...

Barclays on oil – current market dynamics relatively stable, doesn’t foresee major shifts

Barclays has issued a note suggesting that the re-election of Trump is...

ECB Interest Rate Forecast: Deutsche Bank’s 7 reasons for projecting a lower terminal rate

Deutsche Bank has revised its forecast for the European Central Bank’s (ECB)...

EUR/USD pierces 1.06, finds lowest bids in a year

EUR/USD trimmed further into low the side on Tuesday, shedding another third...