China conducts 300-billion-yuan MLF operation to sustain banking liquidity
Xinhua |
Updated: 2025-02-25 10:48
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BEIJING - China's central bank on Tuesday conducted a 300-billion-yuan ($41.83 billion) 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.
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