The central bank launched 500 billion yuan MLF operation with unchanged interest rate

2022-10-18

In order to maintain a reasonable and sufficient liquidity of the banking system, the People's Bank of China carried out a 500 billion yuan medium-term lending facility (MLF) operation and a 2 billion yuan open market reverse repurchase operation on October 17, fully meeting the needs of financial institutions, and the bid winning interest rates were the same as the previous one. (Screenshot of the official website of the People's Bank of China) In which, the MLF operation period is one year, and the bid winning interest rate is 2.75%; The operation period of reverse repurchase is 7 days, and the bid winning interest rate is 2%. Since the MLF operation of 500 billion yuan expired in the current month, this MLF operation is continued in equal quantities. (Liu Xinshe)

Edit:Yi Bing    Responsible editor:Wei Li Bin

Source:Xinhua News Agency

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