In order to keep the liquidity adequate in the banking system, the People’s Bank of China (PBOC) conducted Medium-term Lending Facility (MLF) operations in the amount of RMB200 billion with a term of one year and at a interest rate of 2.00 percent on January 24, 2025. The maximum bid rate was 2.20 percent and the minimum bid rate was 1.80 percent.
The outstanding MLFs totaled RMB4.294 trillion after the operation.
Date of last update
Nov. 29 2018
