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China Keeps Medium-Term Lending Facility Rate Unchanged

Por: RTTNews Business May 15, 2023

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China's central bank kept the rate on one-year medium term lending facility unchanged on Monday.The People's Bank of China infused CNY 125 billion into the financial market through one-year MLF. The rate on the MLF was retained at 2.75 percent. The operation was conducted to maintain reasonable liquidity in the banking system. The bank also conducted CNY 2 billion of seven-day reverse repos at a rate of 2.00 percent. As the MLF rate... + full article



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