empty
 
 

25.08.202501:39:24UTC+00PBoC Injects CNY 600 Billion into Banking System

The People’s Bank of China (PBoC) recently infused CNY 600 billion into financial institutions on August 25 via its one-year medium-term lending facility (MLF). This strategic move was designed to ensure sufficient liquidity within the banking system. With CNY 300 billion in MLF loans due to mature this month, this activity culminated in a net liquidity infusion of CNY 300 billion, marking the sixth consecutive month of net MLF injections. The central bank utilized a fixed-quantity, interest-rate bidding, and multiple-price bidding technique, a methodology implemented since March. This approach entails that the PBoC no longer declares a fixed interest rate for MLF operations. Notably, this month's net injection outpaced the CNY 100 billion introduced in July, indicating a more accommodating stance to bolster liquidity and stimulate economic activity.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback