China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire

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SHANGHAI (Reuters) – China’s central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day
The People’s Bank of China (PBOC) said in an online statement on Friday that this would be a one-off MLF operation for August, while the volume would be dependent on market demand.

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