Hints and tips:
...The central bank on Sunday kept the one-year MLF rate unchanged at 2.5 per cent, the lowest level since the rate was introduced in 2014....
...The MLF rate, which manages banking sector liquidity, is now 2.5 per cent, the lowest since it was launched in 2014 after last week’s cut....
...The LPR is not set by the central bank but is calculated by adding the MLF rate to a spread based on the loans extended by China’s largest banks to their best customers — and normally a cut in the MLF is...
...“We expect more monetary policy easing measures to be announced, including MLF rate and LPR cuts over the next few days,” Goldman Sachs said in a note....
...Analysts expect an MLF rate cut to be accompanied by non-monetary measures....
...“I would say the MLF cut is a way to pledge Beijing’s continued support,” said Jing Liu, chief economist for greater China at HSBC, adding that some had thought last week’s report was “the beginning of monetary...
...The MLF rate remains at 2.95 per cent, its lowest level since it was introduced in 2014....
...Republican senator Patrick Toomey of Pennsylvania, a member of the oversight panel, has also called for that programme, known as the Municipal Liquidity Facility, or MLF, to be wound down....
...The MLF borrowing rates were set to be “punitive”. The punitive part worked, and only a bit more than $1.6bn was borrowed under the MLF by the end of September. So fiscal prudence was rewarded....
...Increasingly, creative practitioners are using technology, and reappropriating things such as games engines, not to make games, but to make artwork,” says Robin McNicholas, director of Dream and co-founder of MLF...
...Ms Lam said she expected the Chinese central bank to cut the MLF by another 0.4 percentage points in the second quarter....
...Introduced in 2014, the MLF is one of the tools used by the PBoC to inject liquidity into the interbank market. The PBoC sets the MLF rate, and can tweak it at any time....
...Since its introduction, the LPR has followed the MLF rate lower every time the latter has been cut, making a similar fall in the former benchmark all but certain on Monday....
...Usage of the Municipal Liquidity Facility, or MLF, which buys debt directly from municipal governments, now stands at $1.2bn, nearly unchanged from prior weeks....
...The central bank reduced the MLF rate, a benchmark for interbank lending in the country, by 10 basis points on Monday....
...The MLF is the benchmark against which the PBoC lends to China’s commercial banks....
...Operations to buy debt directly from municipal governments (the Municipal Liquidity Facility, or MLF) and to support small and medium-sized companies (the Main Street Lending programme, comprising three...
...Its vigilance was on display last week with a 5-basis-point cut to the rate on the PBoC’s medium-term lending facility (MLF), the anchor of the central bank’s new interest rate regime....
...in 2013 but was largely ignored by banks — a quote will be published on the 20th of every month, collated from submissions by 18 state-owned, commercial and foreign banks that are based on the one-year MLF...
...Geoffrey Yu at UBS Wealth Management notes that while trade negotiations “are fluid”, he adds: “The decision by the People’s Bank of China to cut the MLF [medium-term lending facility] rate for the first...
...HSBC goes for a step up in China policy easing to support growth, with a 30bps cut to the LPR in 2020, a 20bps cut to the MLF rate and a 50bps cut to the Reserve Requirement Ratio....
...But the central bank said it would partially offset the RRR cut by not renewing loans to commercial banks through the PBoC’s Medium-term Lending Facility (MLF) that are scheduled to mature during the first...
...Reverse repos worth Rmb90bn matured on Friday, so the net injection from the new MLF loans was Rmb59bn....
...The central bank provided the one-year loans through its Medium-term Lending Facility (MLF), which has become an increasingly important tool in recent years for the PBoC to expand China's base money supply...
...The reserve requirement ratio has been progressively lowered by the PBoC, which also made an unexpected injection of a hefty Rmb502bn via the bank’s medium-term lending facility (MLF) on July 23....
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