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PBoC pledges to enhance stock market support measures by expanding participation in its swap facility for securities firms, funds and insurers, moderately lowering swap fees and conducting operations when appropriate

ORIGINAL · NewsquawkPBoC pledges to enhance stock market support measures by expanding participation in its swap facility for securities firms, funds and insurers, moderately lowering swap fees and conducting operations when appropriateRead originalHide original

Says financial institutions will be encouraged to make greater use of two equity-support tools to bolster market stability and confidence.

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The PBoC pledged expanded participation in its swap facility, moderately lower fees and operations when appropriate, while encouraging greater use of two equity-support tools.

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Says financial institutions will be encouraged to make greater use of two equity-support tools to bolster market stability and confidence.

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