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HomeEconomicChina Conducts 900-Bln-Yuan MLF To Inject Liquidity

China Conducts 900-Bln-Yuan MLF To Inject Liquidity

BEIJING, Nov. 25 (Xinhua) — China’s central bank on Monday conducted a 900-billion-yuan (about 125.14 billion U.S. dollars) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system. The MLF operation has a one-year maturity with an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month. After the operation, the outstanding balance of the MLF stood at 6.239 trillion yuan.

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