China conducts $125.14 billion MLF operation to sustain banking liquidity

China conducts $125.14 billion MLF operation to sustain banking liquidity
China's central bank on Monday conducted a 900-billion-yuan (about US$125.14 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the country's banking system.The MLF operation features a one-year maturity period and an interest rate of 2 percent, uncha...