August 1, 2018 / 8:02 AM / 4 months ago

China central bank lends 3.69 bln yuan via standing lending facility in July

BEIJING , Aug 1 (Reuters) - China's central bank extended 3.69 bln yuan ($0.54 bln) of loans to local financial institutions in July via its standing lending facility (SLF), it said on Wednesday.
  The total outstanding amount of SLF loans was 3.19 bln yuan at the end of July, the central bank said.
  The People's Bank of China uses the SLF and the medium-term lending facility as tools for managing short- and medium-term liquidity in the country’s banking system.
($1 = 6.8111 Chinese yuan)
(Reporting by China Monitoring Desk)
Keywords: CHINA LOANS/SLF
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