PBoC carries out record liquidity injection
Chinese authorities relax home-buying rules in Beijing and Shanghai
The People’s Bank of China (PBoC) injected a record of amount of liquidity into the banking system today (December 15), while keeping a key policy rate unchanged.
The PBoC today offered 1.45 trillion yuan ($204.1 billion) worth of policy loans via its one-year medium-term lending (MLF) facility. It kept the rate on the MLF unchanged at 2.5%.
With 650 billion yuan of one-year MLF loans expiring this month, the operation resulted in a net injection of 800 billion yuan. The amount was the largest
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