The operation, conducted through fixed-quantity and multiple-price bidding, matches last month’s net injection, according to Chinese media reports.
The MLF, introduced in 2014, enables commercial and policy banks to borrow from the central bank using securities as collateral.
The 14-day reverse repo operations were launched via interest-rate bidding, with successful bids determined at multiple price levels.
ALCHEMPro News Desk (SG)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!