People's Bank of China
China’s central bank guides banks to step up lending in April: sources
PBOC’s rare credit push follows Middle East conflict fears and the nation’s ongoing property debt crisis
China taps another tool to drain excess cash from market
It is set to withdraw a net 200 billion yuan (S$37.3 billion) via its one-year medium-term lending facility in April
PBOC injects cash despite flush liquidity, fuelling bond rally
Policymakers are prioritising low funding costs and smooth government financing to support the economy
China to keep benchmark lending rates steady after strong GDP data
Its economy is weathering the Iran war better than others, prompting banks to walk back calls for rate cuts
Chinese bonds near inflection point as inflation outlook shifts
The brighter outlook for the world’s No 2 economy has prompted global banks to withdraw or scale back forecasts for a PBOC rate cut this year
China drains cash from economy in rare move during oil shock
The central bank withdraws a total of 890 billion yuan worth of liquidity via short-term open market operations in March
China rate markets signal cooling bets on deflation, PBOC easing
Investors and businesses use the swaps to hedge their interest rate exposure by exchanging a fixed-rate income stream for floating rates
PBOC employs volatile renminbi fixing to manage Iran war fallout
The move signals that China is encouraging two-way fluctuations rather than backing a single direction
China’s PBOC extends gold buying as Middle East tension simmers
Some countries have also sold gold recently, but buying still outweighs sell-offs
PBOC vows to support yuan stability as global volatility rises
China will not seek to gain an edge in trade by depreciating the yuan
