In order to keep liquidity adequate in the banking system, the People’s Bank of China (PBOC) conducted Medium-term Lending Facility (MLF) operations in the amount of RMB300 billion with a term of one year and at an interest rate of 2.00 percent on February 25, 2025. The maximum bid rate was 2.20 percent and the minimum bid rate was 1.80 percent.
The outstanding MLFs totaled RMB4.094 trillion after the operation.
Date of last update
Nov. 29 2018
