Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more 禄Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
City-born architect lists inspiration behind his designs in a new book
Digitization helps preserve, disseminate intangible cultural heritage
Sunday
- Subscribe
PBOC injects US$85b via various tools
Print Edition
CHINA’S central bank injected 561.35 billion yuan (US$84.6 billion) into the market via various tools in October to maintain liquidity.
The People’s Bank of China said 498 billion yuan were added via the medium-term lending facility to keep interbank liquidity stable. The funds will mature in one year at an interest rate of 3.2 percent.
The injection brings outstanding MLF loans to 4.4 trillion yuan at the end of October.
The MLF tool was introduced in 2014 to help commercial and policy banks maintain liquidity by allowing them to borrow from the PBOC using securities as collateral.
The central bank increasingly relies on open-market operations for liquidity, rather than cuts in interest rates or reserve requirement ratios.
In October, the PBOC also granted 24.95 billion yuan to financial institutions through the standing lending facility to meet provisional liquidity demand.
Last month, the PBOC injected 38.4 billion yuan of funds through the pledged supplementary lending to the China Development Bank, the Agricultural Development Bank of China and the Export-Import Bank of China.
The PBOC’s open market operations are closely watched by the market, as they have become major tools for it to pursue monetary policy.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
