<div><p class="bodytext">China's central bank said it would conduct medium-term lending facility (MLF) operations around June 15, as a batch of 500 billion yuan ($70.55 billion) worth of such loans expired on Monday.</p><p class="bodytext">The People's Bank of China (PBOC) said in an online statement that it would conduct a one-off MLF operation this month, while the volume would be dependent on market demand.</p><p class="bodytext">Another batch of MLF loans with a value of 240 billion yuan is due to expire on June 19.</p><p class="bodytext">In the same statement, the PBOC said it had injected 120 billion yuan into the banking system on Monday through seven-day reverse repurchase agreements, while keeping the interest rate unchanged at 2.20%.</p><p class="bodytext">The reverse repo injection was meant to keep the banking system liquidity "reasonably ample", it added.</p><p class="bodytext"> </p></div>
<div><p class="bodytext">China's central bank said it would conduct medium-term lending facility (MLF) operations around June 15, as a batch of 500 billion yuan ($70.55 billion) worth of such loans expired on Monday.</p><p class="bodytext">The People's Bank of China (PBOC) said in an online statement that it would conduct a one-off MLF operation this month, while the volume would be dependent on market demand.</p><p class="bodytext">Another batch of MLF loans with a value of 240 billion yuan is due to expire on June 19.</p><p class="bodytext">In the same statement, the PBOC said it had injected 120 billion yuan into the banking system on Monday through seven-day reverse repurchase agreements, while keeping the interest rate unchanged at 2.20%.</p><p class="bodytext">The reverse repo injection was meant to keep the banking system liquidity "reasonably ample", it added.</p><p class="bodytext"> </p></div>