PBOC Withdraws USD969 Million From China's Banking System
Dou Shicong
DATE: Apr 17 2019
/SOURCE: yicai
(Yicai Global) April 17 -- The People's Bank of China conducted a CNY200 billion (USD30 billion) medium-term lending facility and a CNY160 billion seven-day reverse repo this morning, balancing out the majority of the CNY366.5 billion worth of MLFs due to mature today.
The interest rates of the MLF and reverse repo were 3.3 percent and 2.55 percent.
