On the day, a batch of 150 billion yuan worth of reverse repos is set to mature, leaving the People’s Bank of China to inject 50 billion on a net basis via the liquidity tool.
Separately, another 150 billion yuan worth of medium-term lending facility (MLF) is due to expire on the day. But the PBOC made a one-off MLF rollover for the whole month last week by injecting a total of 700 billion yuan worth of medium-term loans.
Source: Economy - investing.com