The People's Bank of China (PBOC) has announced a 400 billion yuan Medium-term Lending Facility (MLF) operation scheduled for December 25, 2025. This operation, with a one-year term, aims to maintain stable price conditions and ensure adequate liquidity within the banking system. The MLF will employ fixed quantity, interest rate bidding, and multi-price winning bids to achieve its objectives.
PBOC to Execute 400 Billion Yuan MLF Operation on December 25
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