China's Central Bank Conducts 600 Billion Yuan MLF Operation on May 25, Injects Net 100 Billion Yuan

GateNews
According to the People's Bank of China announcement on May 22, the central bank will conduct a 600 billion yuan (approximately $82 million USD) medium-term lending facility (MLF) operation on May 25 with a one-year tenor, marking a net injection of 100 billion yuan that exceeded market expectations. The operation aims to maintain ample liquidity in the banking system amid increased government bond issuance and maturing interbank certificates of deposit in mid to late May. Analysts noted the move reflects coordination between monetary and fiscal policies to support infrastructure investment and manufacturing sectors.
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