China lowers MLF interest rate to reduce financing costs

File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] BEIJING – China’s central bank on Thursday lowered the medium-term lending facility (MLF) interest rate to decrease the borrowing costs of the real economy. The People’s Bank of China (PBOC) on Thursday also pumped 200 billion yuan … Continue reading China lowers MLF interest rate to reduce financing costs

China’s central bank lowers collateral requirement for medium-term lending facility

Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing. [Photo/IC] BEIJING — China’s central bank said on Monday that it will lower the collateral requirement for medium-term lending facility (MLF) loans starting from this month. The move aims to increase the size of tradable bonds and ease the pressure … Continue reading China’s central bank lowers collateral requirement for medium-term lending facility