China's central bank continues efforts to keep the country's banking system liquid by conducting a 900 billion-yuan, one-year medium-term lending facility operation on Friday.
The operation will use a fixed-quantity, interest-rate-bidding and multiple-price-bidding method, Xinhua News reported.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments