Logo 02 Dec 2024

PBoC increases use of outright reverse repos in medium-term monetary policy shift

Subscribe to keep reading.

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

Already a subscriber? Log in.

In November, China’s central bank (PBoC) increased its use of its newest monetary policy tool – outright reverse repos – while scaling back reliance on the medium-term lending facility (MLF).
The details: On November 25, the PBoC lent RMB 900 billion in one-year MLF funds at an interest rate of...