The People's Bank of China announced on October 25 that it will launch a 700 billion yuan medium-term loan facilitation operation on the same day. The term is 1 year, the maximum bid interest rate is 2.3%, the minimum bid interest rate is 1.9%, and the winning bid interest rate is 2%. Industry insiders analyzed that MLF operating interest rates are likely to remain stable during the year, while future “volume” and “price” regulation will be more flexible to cope with market demand and macroeconomic changes. The amount of MLF due this month was 789 billion yuan, the highest since this year. This means that after being renewed yesterday, MLF achieved a slight reduction operation this month, which is basically in line with market expectations. According to an analysis by industry insiders, the scale of operations is still high this month, and the reduction has not been significant. The intention is to keep the banking system in a reasonable and abundant state of liquidity.

Zhitongcaijing · 10/26 00:09
The People's Bank of China announced on October 25 that it will launch a 700 billion yuan medium-term loan facilitation operation on the same day. The term is 1 year, the maximum bid interest rate is 2.3%, the minimum bid interest rate is 1.9%, and the winning bid interest rate is 2%. Industry insiders analyzed that MLF operating interest rates are likely to remain stable during the year, while future “volume” and “price” regulation will be more flexible to cope with market demand and macroeconomic changes. The amount of MLF due this month was 789 billion yuan, the highest since this year. This means that after being renewed yesterday, MLF achieved a slight reduction operation this month, which is basically in line with market expectations. According to an analysis by industry insiders, the scale of operations is still high this month, and the reduction has not been significant. The intention is to keep the banking system in a reasonable and abundant state of liquidity.