... facility (SLF), the PBoC aims to provide liquidity to the financial system without sending the wrong message that it is implementing an across-the-board monetary loosening. The move heeds a call by Pr ...More
EJ Insight2014-09-17
... Facility (SLF) – should act as a backstop to prevent any financial seizure. However, this credit event (together the other recent ones) will certainly increase risk aversion and drive up low-grade bon ...More
EJ Insight2014-03-07