Skip to main content

PBoC holds key rate for tenth consecutive month

May data shows continued property downturn and improvement in retail sales and industrial production

The People’s Bank of China
The People's Bank of China

The People’s Bank of China (PBoC) kept a key policy rate unchanged for the tenth consecutive month today (June 17).

The PBoC held the rate on 182 billion yuan ($25 billion) of one-year medium-term lending facility (MLF) loans to financial institutions at 2.5%, unchanged since August 2023. With 237 billion yuan of MLF loans set to expire this month, the operation withdrew a net 55 billion yuan from the banking system.

Analysts see the MLF as a guide to any changes to the loan prime rates (LPRs)

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

La política monetaria en Asia desde la pandemia

Las naciones del Asean+3 deben prepararse para afrontar la incertidumbre “de perturbación”, “estructural” y “radical” mediante una combinación disciplinada de políticas, a fin de preservar la estabilidad de precios en un contexto de shocks globales, escribe Dong He

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.