PBoC drains liquidity as government bond prices rise
After months of pumping liquidity into the financial system, the central bank (PBoC) is starting to shift gear.
The details: On Friday, the PBoC drained a net RMB 94 billion of liquidity using the medium-term lending facility (MLF).
The PBoC lent out RMB 387 billion of one-year MLF funds, but RMB 4...
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.