Today, the Central Bank conducted a 200 billion yuan, one-year MLF operation with a winning bid rate of 2.30%, down from 2.50% earlier. It also conducted a 235.1 billion yuan, 7-day reverse repo operation with a winning bid rate of 1.70%, unchanged from before.
央行下调1年期MLF中标利率至2.30%
The Central Bank lowered the one-year MLF bid rate to 2.30%.
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