The People's Bank of China announced that in order to maintain the liquidity of the banking system reasonable and abundant, 237 billion yuan (RMB, the same below, about 44.4 billion yuan) for medium -term borrowing convenience (MLF) was launched on Thursday (June 15).The operation and the 2 billion yuan reverse repurchase operation fully meets the needs of financial institutions.
According to the Wall Street Journal, specifically, MLF is one -year, with a interest rate of 2.65%, which is 10 basis points from the previous value;Essence
With the increase in stable growth, the People's Bank of China has lowered the seven -day repurchase interest rate again after nearly ten months on Tuesday (13th): from the previous 2.00%to 1.90%.Therefore, the MLF operating interest rate on Thursday is generally expected.
The financial data platform Wind shows that there are 200 billion yuan MLF expiration on Thursday, and only this MLF expires this month.Seven months of net offering.However, the net launch remained at a low level for three consecutive months.
Last month, MLF caliber invested a small amount of 25 billion yuan, and 20 billion yuan was invested in April. Earlier in March, a net off was 281 billion yuan, and 199 billion yuan was launched in February, with 79 billion yuan in January.
In December last year, MLF realized a net investment of 150 billion yuan, which was the first time after March to achieve net offer. Previously, it was a net recovery or zero investment.
In terms of reverse repurchase, there are 2 billion yuan of reverse repurchase due on Thursday, so the counter repositibility has achieved zero -return cage for six consecutive days.
