SHANGHAI, Oct 13 (Reuters) - China’s central bank said on Friday it injected 498 billion yuan ($75.72 billion) into the financial system via one-year medium-term lending facility (MLF) loans.
Interest rates for the MLF loans were unchanged at 3.20 percent, the People’s Bank of China (PBOC) said in a statement on its website.
A batch of 84 billion yuan of 12-month MLF loans is due to mature on Friday, and another two batches of such loans with a total value of 355.5 billion yuan are set to expire next week.
In the same statement, the central bank said it had skipped reverse repos on Friday. ($1 = 6.5769 Chinese yuan) (Reporting by Winni Zhou and John Ruwitch; Editing by Simon Cameron-Moore)