SHANGHAI, Oct 25 Reuters China39;s central bank conducted a mediumterm loan operation on Friday while keeping the interest rate unchanged.
The People39;s Bank of China PBOC issued 700 billion yuan 98.36 billion worth of oneyear mediumterm lending facility MLF loans to some financial institutions at 2.00, unchanged from the previous rate, according to an online statement from the bank.
The bid rates in Friday39;s operation ranged from 1.90 to 2.30, the central bank said.
A batch of 789 billion yuan worth of MLF loans was due to expire this month.
1 7.1167 Chinese yuan
Reporting by Shanghai Newsroom; Editing by Christian Schmollinger
Source Reuters