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PBOC Cut the Mortgage-Supplementary Lending (PSL) Rate by 25 Bps

PBOC cut the mortgage-supplementary lending (PSL) rate by 25 bps, lowering the one-year PSL rate to 1.50% from 1.75%. The central bank said the reduction aims to better incentivize policy banks to support the real economy and national strategic priorities.
PBOC Cut the Mortgage-Supplementary Lending (PSL) Rate by 25 Bps

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