China's central bank lowers collateral requirement for medium-term lending facility -Xinhua

China's central bank lowers collateral requirement for medium-term lending facility

Source: Xinhua

Editor: huaxia

2024-07-22 09:05:45

BEIJING, July 22 (Xinhua) -- China's central bank said on Monday that it will lower the collateral requirement for medium-term lending facility (MLF) loans starting from this month.

The move aims to increase the size of tradable bonds and ease the pressure on supply and demand of bonds in the market, the People's Bank of China said in a statement on its website.