PBOC rolls over 500 bln yuan of medium-term loans, keeps rate unchanged

  • 1/15/2021
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SHANGHAI, Jan 15 (Reuters) - China’s central bank on Friday rolled over maturing medium-term loans while keeping the interest rate unchanged for an ninth straight month. The People’s Bank of China (PBOC) said in a statement it was keeping the rate on 500 billion yuan ($77.24 billion) worth of one-year medium-term lending facility (MLF) loans to financial institutions steady at 2.95% from previous operations. ($1 = 6.4736 Chinese yuan)

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