People's Bank of China is expected to inject funds via a medium-term lending facility

People's Bank of China is expected to inject funds via a medium-term lending facility operation as yet another policy maneuver that is aimed at supporting the economy that is slowly recovering from COVID-19 shocks, at a time that other major economies are raising interest rates aggressively. The article iun the China Securities journal states that 1 trillion yuan (circa US$139 billion) is maturing and that the injection is expected to match the maturing amount according to a majority of analysts surveyed.

It's not all of them expecting this though.

Note also that one- and five-year loan prime rates (LPR) will be set on Monday, the 231st.

The rate set for the MLF will provide a clue of any change coming for the LPR rates. Currently at

3.65% for the one year.
4.30% for the five year.

Moe to come ...