PBOC injects 156Bln Yuan via 1-year Medium term Lending Facility

The People’s Bank of China (PBOC) came out with a statement on Monday, announcing that it injected 156Bln Yuan through the 1-year Medium term Lending Facility (MLF).

The PBOC left the 1-year MLF rate unchanged at 3.30%.

MLF injection effectively rolls over the same maturing amount

The Chinese central bank also conducts 80.1bln Yuan in Pledged Supplementary Lending (PSL) loans.