PBOC now out with details of today’s medium-term lending facility operations
Eamonn had the heads-up earlier
– 6 month MLF 88.5bln yuan @ 2.95%
– 12 month 105.5bln yuan @ 3.1%
The PBOC uses MLF and SLF ( standing lending facility) as tools for managing short and medium term liquidity in the banking system.