April 1, 2019 / 7:59 AM / 21 days ago

China outstanding pledged supplementary lending at 3,541.00 bln yuan at end-March – c. bank

BEIJING, April 1 (Reuters) - China's pledged supplementary lending facility stood at 3,541.00 bln yuan ($527.55 bln) at the end of March, compared with 3,482.40 bln yuan at the end of February,  the central bank said in a statement on its website on Monday.
  The PSL programme, initiated in 2014, is designed to help the central bank better target medium-term lending rates while boosting liquidity to specific sectors by offering low-cost loans to selected banks.
($1 = 6.7122 Chinese yuan)
(Reporting by China Monitoring Desk)
Keywords: CHINA ECONOMY/LOANS
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below