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PBOC to Conduct RMB450B 1-Yr MLF Operations Tmr
Recommend 8 Positive 17 Negative 7 2025/03/24 09:23 GMT
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In order to maintain ample liquidity in the banking system and better meet the diverse funding needs of different participating institutions, the People's Bank of China (PBOC) announced that starting this month, the Medium-term Lending Facility (MLF) will be conducted by means of a fixed amount, interest rate tendering, and multiple price bidding. In addition, the PBOC has decided to conduct tomorrow (25th) MLF operations in the amount of RMB450 billion with a term of one year.
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