share_log

China's Central Bank Conducts a Medium-Term Loan Operation and Leaves the Interest Rate Unchanged

Moomoo 24/7 ·  Dec 25, 2024 10:38

China's central bank conducts a medium-term loan operation and leaves the interest rate unchanged.

The People's Bank of China issued 300 billion yuan ($41.10 billion) in one-year medium-term lending facility (MLF) loans at an interest rate of 2.00%, unchanged from the previous rate. Bid rates ranged from 1.90% to 2.30%.
 

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment