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

2019-06-19 10:00

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%.

This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

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