#China conducts 300-bln-yuan MLF operation to sustain banking liquidity

China’s central bank on Tuesday conducted a 300-billion-yuan (about 41.83 billion U.S. dollars) medium-term lending facility (MLF) operation to maintain 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 operationContinue Reading