China's central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day
FILE PHOTO: A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee
SHANGHAI - China’s central bank said it would conduct medium-term lending facility operations on Monday, as a batch of 400 billion yuan worth of such loans expired on the day The People’s Bank of China said in an online statement on Friday that this would be a one-off MLF operation for August, while the volume would be dependent on market demand.Reporting by Winni Zhou and Andrew Galbraith; Editing by Himani Sarkar
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