China conducts 300-bln-yuan MLF operation to sustain banking liquidity

0 Comment(s)Print E-mail Xinhua, February 25, 2025
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BEIJING, Feb. 25 (Xinhua) -- China's central bank on Tuesday conducted a 300-billion-yuan (about 41.83 billion U.S. dollars) medium-term lending facility (MLF) operation to maintain ample liquidity in the country's banking system.

The MLF operation features a one-year maturity period and an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month, according to a statement on the website of the People's Bank of China.

After the latest operation, the outstanding MLF balance stood at 4.09 trillion yuan. Enditem

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