The central bank carried out a 600 billion yuan MLF operation today with a term of one year.

To maintain the ample liquidity of the banking system, the People's Bank of China will conduct a 600 billion yuan MLF operation today, with a fixed quantity, interest rate bidding, and multiple price bids, with a term of 1 year. It is understood that due to 100 billion yuan MLF maturing this month, this operation will achieve a net injection of 500 billion yuan.