PBoC sets Medium-term Lending Facility (MLF) rate at 2.5%, unchanged – Crypto News – Crypto News
Connect with us
PBoC sets Medium-term Lending Facility (MLF) rate at 2.5%, unchanged PBoC sets Medium-term Lending Facility (MLF) rate at 2.5%, unchanged

others

PBoC sets Medium-term Lending Facility (MLF) rate at 2.5%, unchanged – Crypto News

Published

on

Share:

The People’s Bank of China (PBoC) issues a 1-year Medium-term Lending Facility (MLF) at an unchanged rate of 2.5%. Injects 1.45 trillion Yuan vs. the 650 billion yuan in MLF maturing today

The MLF rate sets the scene for the monthly Loan Prime Rate (LPR) setting later this week on the 20th. Current LPR rates are:

  • 3.45% for the one year
  • 4.20% for the five year

Trending