Announcement on Open Market Operations No.158 [2022]
(Open Market Operations Office, August 15, 2022)
In order to keep the liquidity in the banking system adequate at a reasonable level, the People’s Bank of China conducted Medium-term Lending Facility (MLF) operations (including a rollover of the MLF maturing on August 16) and reverse repo operations in the amount of RMB400 billion and RMB2 billion respectively on August 15, 2022, fully meeting the needs of financial institutions. The bid winning rates for the MLF operation and the reverse repo operation both declined by 10 basis points.
Details of the MLF Operations
Maturity |
Volume |
Rate |
1 year |
RMB400 billion |
2.75% |
Details of the Reverse Repo Operations
Maturity |
Volume |
Rate |
7 days |
RMB2 billion |
2.00% |