China’s central bank supplies 105.5 billion yuan to 11 commercial lenders

Market news

21 October 2015

China’s central bank supplies 105.5 billion yuan to 11 commercial lenders

The People's Bank of China (PBoC) said on Wednesday that it supplied 105.5 billion yuan ($16.6 billion) to 11 commercial lenders via the Medium-term Lending Facility. The rate was 3.35%.

The central bank's action aims to keep interbank rates low and to boost the country's economic growth.

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