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KM Financial Solutions | China outstanding pledged supplementary lending at 3,311.10 bln yuan at end-Oct – c. bank
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China outstanding pledged supplementary lending at 3,311.10 bln yuan at end-Oct – c. bank

31 Oct China outstanding pledged supplementary lending at 3,311.10 bln yuan at end-Oct – c. bank

Posted at 07:58h in News by
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China’s pledged supplementary lending facility stood at 3,311.10 bln yuan ($476.18 bln) at the end of October, compared with 3,237.10 bln yuan at the end of September, the central bank said in a statement on its website on Thursday.
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 = 6.9535 Chinese yuan)
(Rep

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