The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind.
Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

.

Author Topic: China's National Bank injects 500 billion yuan through medium-term loan scheme  (Read 909 times)

yuanhu

  • Guest
China's National Bank injects 500 billion yuan through medium-term loan scheme

The People's Bank of China (PBOC) injected cash into the financial system through Open Market Operations (OMO) today to maintain liquidity in the market.

The Central Bank of China injects 500 billion yuan ($ 7.736 billion) into the market through a medium-term loan program (MLF), with a one-year redemption period at 2.95 percent interest rate.

Meanwhile, the Chinese central bank injects 2 billion yuan into the market via a seven-day reverse repos deal at 2.2% interest rates, with the move aimed at maintaining adequate liquidity in the system.

The Chinese central bank launched an MLF program in 2014 to help commercial and banking banks under the government's policy to maintain liquidity. By allowing these banks to borrow from central banks using collateral

The reverse repo is a process by which a central bank purchases securities from commercial banks in an agreement to sell them back in the future.

Xinhua news agency reported that The People's Bank of China pledges to implement a more prudent, targeted and flexible monetary policy to adapt to the needs of high-quality development. As well as paying more attention to the efficiency of financial services to support the real economy.



dukier

  • Guest
A Casselberry man won $2 million in a Mega Millions drawing subsequent to reference to Jan. 19, according to the Florida Lottery.




 

Related Topics

  Subject / Started by Replies Last post
0 Replies
871 Views
Last post December 06, 2019, 01:16:11 PM
by novità
0 Replies
943 Views
Last post February 21, 2020, 04:48:40 AM
by Ivolitalite
0 Replies
604 Views
Last post July 01, 2020, 04:08:50 AM
by fiki
0 Replies
522 Views
Last post December 11, 2020, 04:02:55 AM
by colker
0 Replies
403 Views
Last post December 09, 2021, 01:34:54 AM
by Johan Yamin


-

Discussion Forum / 论坛 / منتدى للنقاش/ Diễn đàn thảo luận/

-
Disclaimer : The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind. Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

By viewing any material or using the information within this site, you agree that it is general educational material whether it is about learning trading online or not and you will not hold anybody responsible for loss or damages resulting from the content provided here. It doesn't matter if this website contain a materials related to any trading. Investing in financial product is subject to market risk. Financial products, such as stock, forex, commodity, and cryptocurrency, are known to be very speculative and any investment or something related in them should done carefully, desirably with a good personal risk management.

Prices movement in the past and past performance of certain traders are by no means an assurance of future performance or any stock, forex, commodity, or cryptocurrency market movement. This website is for informative and discussion purpose in this website only. Whether newbie in trading, part-time traders, or full time traders. No one here can makes no warranties or guarantees in respect of the content, whether it is about the trading or not. Discussion content reflects the views of individual people only. The website bears no responsibility for the accuracy of forum member’s comments whether about learning forex online or not and will bear no responsibility or legal liability for discussion postings.

Any tutorial, opinions and comments presented on this website do not represent the opinions on who should buy, sell or hold particular investments, stock, forex currency pairs, commodity, or any products or courses. Everyone should conduct their own independent research before making any decision.

The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain individual trading advice based on your own particular circumstances before making an investment decision on the basis of information about trading and other matter on this website.

As a user, you should agree, through acceptance of these terms and conditions, that you should not use this forum to post any content which is abusive, vulgar, hateful, and harassing to any traders and non-traders.