China  central bank conducts medium-term loan operation
Wed, Dec 25, 2024 8:44 PM

China central bank conducts medium-term loan operation

A Flip by Shubhangi Gupta
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China's central bank conducted a medium-term loan operation on Wednesday while keeping the interest rate unchanged. The People's Bank of China (PBOC) issued 300 billion yuan ($41.10 billion) worth of 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 bank.

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