PBC injects funds into market via MLF

China’s central bank on Thursday injected 187.5 billion yuan ($27.33 billion) into the market via the mediumterm lending facility (MLF) to maintain liquidity.

The funds will mature in one year with an interest rate of 3.3 percent, unchanged from previous operations, the People’s Bank of China (PBC), the country’s central bank, said on its website.

The operation effectively rolled over an equal amount of such loans, which matured Thursday.