PBOC injects 327bn Yuan via one-year MLF at 3.25%

The People's Bank of China (PBOC) came out with the statement last minutes, noting that it injected liquidity into the banking system via one-year Medium term Lending Facility (MLF) operation.

Key Details:

Rate 3.25%, unchanged from the previous operation.

This more than offsets the 189.5bn Yuan MLF coming due today.