Central Bank to Conduct 500 Billion Yuan MLF Operation on March 25, with 1-Year Maturity

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On March 24, the People’s Bank of China announced that to maintain ample liquidity in the banking system, on March 25, 2026, the PBOC will conduct a 500 billion yuan MLF operation with a one-year maturity through fixed amount, interest rate bidding, and multiple price bid methods.

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