Reduce interest rates! The central bank has implemented a 10 basis point reduction in MLF operating interest rates of 237 billion yuan-瞭望新时代网-瞭望时代，放眼世界

Reduce interest rates! The central bank has implemented a 10 basis point reduction in MLF operating interest rates of 237 billion yuan

2023-06-15

According to the official website of the People's Bank of China, in order to maintain the reasonable and sufficient liquidity of the banking system, the People's Bank of China today launched a 237 billion yuan medium-term lending facility (MLF) operation and a 2 billion yuan open market reverse repurchase operation, fully meeting the needs of financial institutions. The winning interest rate for MLF is 2.65%, and the winning interest rate for reverse repurchase is 1.9%, compared to 2.75% and 1.9% previously. It is worth noting that on June 13th, the People's Bank of China launched a RMB 2 billion reverse repurchase operation through interest rate bidding, with a period of 7 days and a winning interest rate of 1.90%, a decrease of 10 basis points from the 2% interest rate level on the 12th. Industry experts believe that the coordinated reduction of policy interest rates has released a clear signal of stable growth, reflecting the strengthening of countercyclical regulation of monetary policy, aiming to further strengthen support for the real economy. (New News Agency)

Edit：Hou Wenzhe Responsible editor：WeiZe

Source：people.cn

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