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Economy

PBOC pumps RMB393.5 bln into financial market via MLF Wed.

February 16, 2017


Abstract : The People's Bank of China, China's central bank, announced on Wednesday that it injected 393.5 billion yuan (about 57.3 billion U.S. dollars) into the banking system via medium-term lending facility (MLF) in bid to keep liquidity basically stable.

BEIJING, Feb. 16 (Xinhua) -- The People's Bank of China, China's central bank, announced on Wednesday that it injected 393.5 billion yuan (about 57.3 billion U.S. dollars) into the banking system via medium-term lending facility (MLF) in bid to keep liquidity basically stable. 

A total of 22 financial institutions received the money from the central bank, including 150 billion yuan (about 21.84 billion U.S. dollars) worth of 6-month MLFs with interest rate kept flat at 2.95 percent and 243.5 billion yuan (about 35.46 billion U.S. dollars) one-year MLFs with interest rate unchanged at 3.1 percent.   Enditem (Edited by yang yifan,yangyifan@xinhua.org) 

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Keyword: PBOC MLF

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