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China conducts 900-bln-yuan MLF to inject liquidity

XINHUA
發布於 11月25日03:10 • Jiang Tingting,gaojianfei(yidu)
This photo taken on Oct. 19, 2023 shows the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)

BEIJING, Nov. 25 (Xinhua) -- China's central bank on Monday conducted a 900-billion-yuan (about 125.14 billion U.S. dollars) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system.

The MLF operation has a one-year maturity with an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month.

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After the operation, the outstanding balance of the MLF stood at 6.239 trillion yuan. ■