- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- PBOC seen partially rolling over policy loans at steady rate – Reuters poll
PBOC seen partially rolling over policy loans at steady rate – Reuters poll
China's central bank may drain cash next Monday via a partial rollover of maturing medium-term loans, while keeping policy rates steady, a Reuters survey showed, as ample market liquidity and a sliding yuan reduce the need for imminent policy easing.
The poll also mentioned, “But some still expect the People's Bank of China (PBOC) to ease banks' reserve requirements next month, to aid an economy hit by the COVID-19 pandemic and property market woes.”
Key findings
Most of the 27 participants in the poll conducted this week said they predicted the PBOC will partially renew 500 billion yuan ($69.55 billion) worth of policy loans on Monday. Only three expected a full rollover, while another three anticipated cash injections.
All of the poll respondents forecast that the interest rate on the one-year medium-term lending facility (MLF) will be kept unchanged, at 2.75%.
Traders point out that China's banking system is not short of cash - evidenced by the fact that market rates are lower than policy rates, curbing demand for central bank loans.
The scope for easing is also limited by a weak yuan, which has lost more than 11% against the dollar so far this year.
New bank lending in China nearly doubled in September from the previous month and far exceeded expectations.
But some participants still expect the PBOC to step up liquidity injection into the banking system, in a bid to accommodate fiscal expansion.
Also read: USD/CNH snaps seven-day winning streak as China inflation, PBOC’s Yi favor sellers
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
