China conducts $125.14 billion MLF operation to sustain banking liquidity

BEIJING, 25th November, 2024 (WAM) -- China's central bank on Monday conducted a 900-billion-yuan (about US$125.14 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the country's banking system.

The MLF operation features a one-year maturity period and an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month, Xinhua New