China’s central bank injects liquidity into market

Beijing, Dec 18 (IANS) China’s central bank on Friday offered a total of 100 billion yuan ($15.4 billion) in six-month medium-term lending facility (MLF) loans at 3.25 percent to 13 financial institutions.

“The move is aimed at maintaining proper liquidity in the market,” said the People’s Bank of China (PBOC) in a statement.

The PBOC said it will guide banks to lend the money to small businesses and the agricultural sector, Xinhua news agency reported.

The MLF is a new liquidity tool designed for commercial and policy banks to borrow from the central bank by using securities as collateral.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here