Logo 24 Jan 2022

Another rate adjustment

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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On Friday, Caixin reported that the People’s Bank of China (PBoC) has cut the interest rate on funds lent through its Standing Lending Facility (SLF) by 10 basis points for all maturities.

The PBoC made the cut on January 17.

Some context: The SLF is an emergency facility through which the PBoC pr...