BEIJING, Dec. 16 (Xinhua) -- The People’s Bank of China, China’s central bank, announced on Friday that it injected 394 billion yuan (56.72 billion U.S. dollars) into the market via medium-term lending facility (MLF) on Friday.
A total of 19 financial institutions received the money from the central bank, including 207 billion yuan (29.80 billion U.S dollars) for six months with the interest rate keeping flat at 2.85 percent and 187 billion yuan (26.92 billion U.S. dollars) for one year with the interest rate keeping flat at 3.0 percent. Enditem (Edited by yang yifan,yangyifan@xinhua.org)
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