pboc speech, 2025-01-13
On the basis of the existing framework of RMB liquidity arrangements, the swap line will be used to launch new RMB trade financing liquidity arrangements, with terms of one month, three months and six months, with a total quota of RMB100 billion, aiming to provide a stable and cost-effective source of funding for RMB trade financing of commercial banks in Hong Kong.
Sentiment: neutral
Topic: financial_stability