The central bank conducted a 1-year Medium-term Lending Facility (MLF) operation of 300 billion yuan, with the interest rate maintained at 2.3%.
On August 26, 2024, the People's Bank of China conducted 471 billion yuan of reverse repurchase operations through fixed-rate bulk tendering.
On August 26th, according to the People's Bank of China, in order to maintain reasonable and sufficient liquidity in the banking system at the end of the month, the People's Bank of China conducted 471 billion yuan of reverse repurchase operations through fixed-rate and quantity bidding methods on August 26, 2024. In addition, 300 billion yuan of Medium-term Lending Facility (MLF) operations were conducted through an interest rate bidding method. The specific details are as follows:
This article is excerpted from the People's Bank of China. Editor: Chen Wenfang.
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