PBOC: No QE or SLF, But Have Some MLF

China’s Central Bank Allows Credit Line to Banks to Mature

On the one hand, it allowed a 170 billion yuan ($27 billion) credit line to banks via its Standing Lending Facility mature in April. On the other, it injected 65 billion yuan via its Medium-term Lending Facility, according to central bank data released on Friday.

The PBOC is tweaking liquidity conditions in the banking system via the tools and open-market operations to “promote stable economic growth,” it said.

iFeng: 4月央行通过MLF净投放中期基础货币650亿元
iFeng:央行：4月到期常备借贷便利（SLF）1700亿


PBOC Says No Need for QE Despite More Pressure on Economy

China’s economy faces downward pressure in the short term, but there is no need to use quantitative easing to aggressively boost liquidity, the nation’s central bank said Friday.

iFeng: 央行：当前无须QE大幅扩张流动性