China’s central bank boosted liquidity injections but surprised markets by leaving the interest rate unchanged when rolling over maturing medium-term policy loans on Monday. The People’s Bank of China (PBOC) said it was keeping the rate on 995 billion yuan ($138.84 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.50% from the previous operation.
Home Uncategorised China cbank surprises markets by leaving medium-term rate unchanged, but adds liquidity
