The bank injected 577 bn yuan in 7 day reverse repos instead today.
The Bank says this is meant to counteract the maturing MLF loans, tax payments, and government bond issuance.
401bn yuan of MLF come due
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No Medium-term Lending Facility (MLF) operation from the People's Bank of China today
No Medium-term Lending Facility (MLF) operation from the People's Bank of China today
- The PBoC says it'll conduct the MLF on August 26
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