People's Bank of China Conducts 500 Billion Yuan MLF Operation on July 24

The People's Bank of China will conduct a 500 billion yuan Medium-term Lending Facility (MLF) operation on July 24, 2026, with a one-year maturity, according to the central bank's announcement. The operation will use fixed quantity, interest rate tender, and multiple price bidding methods to maintain ample liquidity in the banking system.
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