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China Daily | Updated: 2018-07-14 07:07
Central bank injects liquidity
China's central bank on Friday injected 188.5 billion yuan ($28.3 billion) into the market via the medium-term lending facility to maintain liquidity. The People's Bank of China said the injected funds would mature in one year at an interest rate of 3.3 percent. On Friday, 188.5 billion yuan of MLF contracts and 20 billion yuan of reverse repo securities matured, resulting in a net withdrawal of 20 billion yuan from the market.
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