PBOC raise SLF rates – Livesquawk

PBOC raise SLF rates – Livesquawk

More rate action from the PBOC Citing sources via Reuters. The PBOC have been tinkering with various rates since the Fed hiked last night. Earlier they hiked the 7 day reverse repo by 5bp to 2.50%, 1yr MLF rate by 5bp to 3.25% and injected 288bn yuan via the 1yr MLF....
China cuts RRR for some banks

China cuts RRR for some banks

Headlines out today Cuts RRR for certain banks effective 2018 Cuts will affect banks in the agricultural and small company business Ordinarily, news of an RRR cut would bring a market move but due to the nature of this one not being a widespread cut, it’s...

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