PBOC slashed rates for 1-yr MLF loans to 3% vs. 3.25%

More details on PBOC lowers rates for MLF loans, Reuters quoting "sources with direct knowledge of the matter”:

PBOC has asked selected banks about their demand for extra liquidity through its medium-term lending facility

Lowered offered rates for the loans to 2.85% for six-month loans and 3% for one-year loans

Rates were previously 3% for six-month loans and 3.25% for one-year loans