China seen rolling over medium-term loans, rate change not expectedin

The PBOC said on Friday it would keep liquidity reasonably ample and step up financing support for key sectors and weak links of the economy, but not resort to 'flood-like' stimulus

China's central bank is expected to roll over its medium-term loans maturing this week, but a second consecutive cut to its lending rate is seen as unlikely, a Reuters survey showed.

Nineteen out of 22 financial institutions surveyed said they expect the People's Bank of China (PBOC) to issue 200 billion yuan ($31.45 billion) in maturing medium-term lending facility (MLF) loans on Tuesday, matching the amount maturing on Friday.

The remaining three said they expect issuance to slightly exceed the value of loans maturing this week as an indication of the PBOC's easing stance.

All survey respondents said they expect the MLF rate