According to the central bank, in order to maintain abundant liquidity in the banking system, the People's Bank of China launched a 300 billion yuan medium-term loan facility (MLF) operation on December 25, 2024, with a maximum bid interest rate of 2.30%, a minimum bid interest rate of 1.90%, and a winning bid interest rate of 2.00%. After the operation, the medium-term loan facility balance was 5089 billion yuan.
央行开展3000亿元中期借贷便利（MLF）操作
Central Bank launches 300 billion yuan medium-term loan facilitation (MLF) operation
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