China’s central bank will conduct a 900-billion-yuan (~$127 billion) one-year medium-term lending facility (MLF) operation on October 27 to maintain ample liquidity.
The operation will be conducted via a fixed-quantity, interest rate-bidding and multiple price-bidding method.
With 700 billion yuan of MLF funds maturing in October, the net injection via MLF alone will reach 200 billion yuan this month.