The news is here from earlier:
The bank conducted medium term lending for 393bn yuan
one year
3.25%
Reuters have a bit more, recap etc:
- Authorities are keen to keep ample liquidity in the financial system and avoid the risk of a spike in lending rates as demand for cash surges ahead of the long Lunar New Year holidays
- The central bank said it had made the latest MLF injection to step up "fine-tuning" as liquidity on the first trading day after the holiday would be affected by several factors, including tax payments, maturing MLF loans, and maturing of some contingent reserve allowance (CRA) and reserve payments at financial institutions.
- A batch of 243.5 billion yuan of 12-month MLF loans is due to mature on Thursday.
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