Central Bank carries out 400 bn yuan medium-term loan facilitation operation
Today, the People's Bank of China issued a bulletin saying that in order to maintain the reasonable and sufficient liquidity of the banking system, the People's Bank of China has launched a medium-term lending facility (MLF) operation of 400 billion yuan, 17 billion yuan more than the amount due on that day, with a one-year period and an operating interest rate of 33.30%; at the same time, it has launched a seven-day reverse lending facility. The purchase operation is 30 billion yuan, and the winning rate is 2.55%.
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