People’s Bank of China Injected 950 Billion Yuan by Offering Medium Term Loans
Posted on 12/16/2020
The People’s Bank of China added 950 billion yuan (US$ 145 billion) of one-year cash through the medium-term lending facility on December 15, 2020. This amount more than offsets the 600 billion yuan that matures in December 2020. This is the fifth straight month of net injections using the medium-term lending facility. The central bank […]
