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1st LD-Writethru: China conducts 900-billion-yuan MLF operation to sustain banking liquidity

NAMPA / Xinhua
2024-11-25
BEIJING, Nov. 25 (Xinhua) -- China's central bank on Monday conducted a 900-billion-yuan (about 125.14 billion U.S. dollars) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the country's banking system. The MLF operation features a one-year maturity period and an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month, according to a statement on the website......
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