BEIJING, (Xinhua) -- China's central bank on Wednesday conducted a 300-billion-yuan (about 41.86 billion U.S. dollars) medium-term lending facility (MLF) operation as it seeks to maintain ample liquidity in the banking system.
The one-year operation was carried out via fixed quantity and interest rate bidding, according to the People's Bank of China (PBOC).
With 182 billion yuan of MLF funds maturing this month, the net injection via MLF alone stood at 118 billion yuan in June.