PBOC injects CNY950 billion via one-year MLF at 2.95%

The People’s Bank of China (PBOC) injected CNY950 billion via one-year medium-term lending (MLF) facility on Tuesday.

The Chinese central bank kept the rate for the one-year MLF operation unchanged for the eighth straight month at 2.95%.

Its worth noting that the PBOC conducted MLF operations twice last month.

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