PBOC: Will conduct 500 billion yuan in MLF operations on July 24th.
In order to maintain the liquidity of the banking system, on July 24, 2026, the People's Bank of China will conduct a 500 billion yuan MLF operation with a fixed quantity, interest rate bidding, and multiple price bidding methods, with a term of 1 year.
On July 23rd, the People's Bank of China announced that in order to maintain liquidity in the banking system, on July 24th, 2026, it will conduct a 1-year MLF operation with a fixed quantity, interest rate tender, and multiple price bidding method with a total amount of 500 billion yuan.
This article is compiled from the official website of the People's Bank of China, GMTEight editor: Liu Jiayin.
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