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Breaking news: PBOC carried out 401 billion yuan 1-year MLF and cut interest rate by 15 basis points
Aug 15, 2023, at 4:24 pm
On August 15, People's Bank Of China carried out 401 billion yuan 1-year medium-term lending facility and 204 billion yuan 7-day reverse repurchase operations in the open market, and the bid winning interest rate was 2.5% and 1.80% respectively, down 15 basis points and 10 basis points from the last time.
SHANGHAI, Aug 15 (SMM) –
On August 15, People's Bank Of China carried out 401 billion yuan 1-year medium-term lending facility and 204 billion yuan 7-day reverse repurchase operations in the open market, and the bid winning interest rate was 2.5% and 1.80% respectively, down 15 basis points and 10 basis points from the last time. Meanwhile, 400 billion yuan of MLF and 6 billion yuan of reverse repos expired today.
