PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Monday. Injects 995 billion yuan vs. the 779 billion yuan in MLF maturing today.

The MLF was last cut in August 2023, from 2.65%.