The People's Bank of China conducted a 1-year MLF operation with a scale of 300 billion yuan, and the winning bid interest rate remained unchanged.

On February 25th, the People's Bank of China released the mid-term loan facility (MLF) operation for February 2025. In order to maintain ample liquidity in the banking system, on February 25, 2025, the People's Bank conducted a 300 billion yuan MLF operation with a term of 1 year, with a highest bid rate of 2.20% and a lowest bid rate of 1.80%, and a bid rate of 2.00%. After the operation, the balance of MLF was 4094 billion yuan. This article is selected from the People's Bank of China. Editor: Chen Wenfang.