PBOC to lower collateral for Medium-term Lending Facility (MLF) loans ...Middle East

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PBOC to lower collateral for Medium-term Lending Facility (MLF) loans
People's Bank of China: To lower collateral requirements for medium term lending facility loans from julyThe move is meant to increase the size of tradable bonds in the marketMove is to alleviate pressure on supply and demand of bonds in the marketPBOC is wading in to easing, this from earlier:PBoC announces cut to 7-day reverse repo rate to 1.70% from 1.80% This article was written by Eamonn Sheridan at www.forexlive.com.

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