People’s Bank of China:
To lower collateral requirements for medium term lending facility
loans from julyThe move is meant to
increase the size of tradable bonds in the marketMove is to alleviate
pressure on supply and demand of bonds in the market
PBOC is wading in to easing, this from earlier:
PBoC announces cut to 7-day reverse repo rate to 1.70% from 1.80%
This article was written by Eamonn Sheridan at www.forexlive.com.
