SHANGHAI, Dec 25 Reuters China39;s central bank conducted a mediumterm loan operation on Wednesday while keeping the interest rate unchanged.
The People39;s Bank of China PBOC issued 300 billion yuan 41.10 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 Wednesday39;s operation ranged from 1.90 to 2.30, the central bank said.
A batch of 1.45 trillion yuan worth of MLF loans was due to expire this month.
1 7.2984 Chinese yuan
Reporting by Shanghai Newsroom; Editing by Edmund Klamann
Source Reuters