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8 matches for " MLF rate":
The PBoC finally moved yesterday, cutting its one-year MLF rate by 5bp to 3.25%, whilst replacing around RMB 400B of maturing loans.
The PBoC's reformed one-year Loan Prime Rate was published yesterday at 4.25%, compared with 4.31% on the previous LPR, and below the benchmark lending rate, 4.35%.
China's meagre cut is not enough. Broad slowdown in Chinese services activity continues. Japan's rate of QE is low but roughly stable.
The PBoC late on Wednesday announced measures to provide medium-term funding for smaller businesses.
The PBoC announced on Saturday that it will publish a new Loan Prime Rate, from today, following a State Council announcement last Friday.
The People's Bank of China cut its seven-day reverse-repo rate yesterday, to 2.50% from 2.55%.
China's November money and credit data were a little less grim, with only M2 growth slipping, due to unfavourable base effects.
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