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.
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.