News Snapshot:
In this round-up, the People’s Bank of China leaves the one year medium-term lending facility rate unchanged for over a year, it plans Rmb25bn ($3.9bn) of bill issuance in Hong Kong, and the Shanghai and Shenzhen bourses approve China’s first public infrastructure real estate investment trusts since the pilot programme’s launch last April. On Monday, the People’s Bank of China (PBoC) injected Rmb10bn of one year medium-term lending facility (MLF) loans into the banking system, keeping the interest rate unchanged at 2.95% for the 13th consecutive month. The same amount of MLF loans became due on Monday. * The PBoC...
