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 RMB2.77 billion in March 2025, of which overnight operations registered RMB170 million, and 7-day operations RMB2.6 billion. The outstanding SLFs totaled RMB2.54 billion at end-March 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
