SHANGHAI (Reuters) – China's central bank conducted a medium-term loan operation on Wednesday while keeping interest rates unchanged.
The People's Bank of China (PBOC) issued 300 billion yuan (US$41.10 billion) one-year medium-term lending facility (MLF) loans to some financial institutions at 2.00%, unchanged from the previous rate, according to an online statement from the PBOC ( PBOC). Bank.
The central bank said that bid prices in Wednesday's operation ranged from 1.90% to 2.30%.
A batch of Multilateral Fund loans worth 1.45 trillion yuan is scheduled to expire this month.
($1 = 7.2984)
(This story has been rewritten to correct spelling of “cenbank” in title)
