To satisfy the temporary demand of financial institutions for liquidity, the People’s Bank of China (PBOC) conducted Standing Lending Facility (SLF) operations in the amount of RMB1.901 billion in February 2025, of which overnight operations registered RMB1.401 billion, and 7-day operations RMB500 million. The outstanding SLFs totaled RMB1.3 billion at end-February 2025. Serving as the ceiling of interest rate corridor, the SLF rates help keep the interest rates of the money market stable. The overnight, 7-day and 1-month SLF rates registered at 2.35 percent, 2.50 percent and 2.85 percent, respectively.
Date of last update
Nov. 29 2018
