On January 24, the People’s Bank of China launched an operation of 200 billion yuan in intermediate lending convenience (MLF) operation, with a bid interest rate of 2.00%, which is flat from the previous month.
Picture from the People’s Bank of China website
The People’s Bank of China issued an announcement showing that in order to maintain abundant banking system, the People’s Bank of China launched an MLF operation of 200 billion yuan on the same day, with a period of 1 year, a maximum bid interest rate of 2.20%, a minimum bid interest rate of 1.80%, and a bid interest rate of 2.00%. After the operation, the convenient balance of the medium -term lending was 4294 billion yuan.
Because the MLF operation of 995 billion yuan in the month expired, the MLF operation was continued as a shrinkage. (Reporter Ren Jun, Wu Yu)
[Editor in charge: Xu Zizheng]
