Logo 30 Oct 2024

PBoC’s new reverse repos are a tool for the times

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The central bank’s (PBoC) new monetary policy tool will meet the bank's needs far better than the medium-term lending facility (MLF).
That’s according to Yicai, which on Tuesday provided more details about the tool.
ICYMI: On Monday, the PBoC said it would conduct outright reverse repos with maturit...