PBOC injects CNY 240 bln via one-year medium-term lending facility

On Wednesday, the People’s Bank of China (PBOC) conducted the medium-term lending (MLF) facility, with the key details found below.

PBOC Injected 240 bln yuan via one-year MLF.

However, the Chinese central bank keeps the interest rate on one-year MLF unchanged at 3.3%.