BEIJING (Reuters) – China’s central bank said on Monday that it would issue 450 billion yuan ($62.03 billion) of one-year medium-term lending facility (MLF) loans on Tuesday.
Starting this month, MLF operations will be carried out by adopting a fixed-quantity, interest-rate bidding, and multiple-price bidding method, the People’s Bank of China said in a statement.
($1 = 7.2542 Chinese yuan renminbi)
(Reporting by Beijing Newsroom)
