China's central bank lowers collateral requirement for medium-term lending facility

BEIJING, July 22 (Xinhua) -- China's central bank said on Monday that it will lower the collateral requirement for medium-term lending facility (MLF) loans starting from this month.

The move aims to increase the size of tradable bonds and ease the pressure on supply and demand of bonds in the market, the People's Bank of China said in a statement on its website.