The People's Bank of China (PBC), the central bank, announced on Thursday the launch of a 500 billion yuan ($70.61 billion) swap facility that allows eligible financial institutions to use assets as ...
BEIJING - China's central bank announced Thursday that it has decided to set up Securities, Funds and Insurance companies Swap Facility (SFISF), with the initial scale of 500 billion yuan ($71 billion ...
The People’s Bank of China (PBOC) plans to set up a swap facility that would give non-bank financial institutions access to at least 500 billion yuan (US$71 billion) in funding to buy shares ...