PBOC leaves one-year Loan Prime Rate unchanged at 3.85% in June

The People’s Bank of China (PBOC) leaves one-year Loan Prime Rate (LPR) unchanged at 3.85% in June while maintaining the five-year LPR at 4.65%.

Additional details

“Injects 40 bln yuan through 7-day reverse repos.”

“Injects 80 bln yuan through 14-day reverse repos.”

“Sets 7-day reverse repo rate at 2.20% vs 2.20% previously.”

“Sets 14-day reverse repo rate at 2.35% vs 2.35% previously.”