The central bank announced that to maintain ample liquidity in the banking system and better meet the differentiated funding needs of different participating Institutions, starting this month, the medium-term lending facility (MLF) will adopt a fixed quantity, interest rate bidding, and multiple price level bidding strategy. On March 25, 2025 (Tuesday), the People's Bank of China will conduct a 450 billion yuan MLF operation with a term of 1 year.

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央行:3月25日将开展4500亿元MLF操作,期限为1年期
The central bank will conduct a 450 billion yuan MLF operation on March 25, with a term of 1 year.
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