PBOC's New Loan Pricing May Lead to Stealth Rate Cut for Banks [Yahoo! Finance]

Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: Yahoo! Finance
their pressure from elevated market borrowing rates in recent months as liquidity tightened. Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Chicago Transit Faces ‘Doomsday Scenario,' Regional Agency Says LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs Libraries Warn They Could Be ‘Cut off at the Knees' by DOGE The People's Bank of China will allow qualified banks to pay different interest rates for the loans, known as the medium-term lending facility, starting Tuesday, it said in a statement Monday. Lenders previously paid the same rate for the tool. The change will allow banks to borrow from the PBOC at rates closer to those
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C
Earnings
- 4/16/25 - Beat
C
Sec Filings
- 4/25/25 - Form 424B2
- 4/25/25 - Form 424B3
- 4/25/25 - Form 424B2
- C's page on the SEC website