The People's Bank of China (PBOC) today injected 300 billion yuan (about $42.73 billion) into the market via the medium-term lending facility (MLF) mechanism, aiming to maintain reasonable and ample liquidity in the banking system. The maturity of this operation is one year and the interest rate is 2%, 30 basis points lower than the previous level. With this operation, the outstanding balance of the MLF increased to 6.878 trillion yuan. Source: Oman News Agency
Related Articles
Medical City for Military, Security Services Signs MoU with Seoul St. Mary’s Hospital
Muscat: The Medical City for Military and Security Services has signed a memorandum of understanding (MoU) with Seoul St. Mary’s Hospital, Republic of Korea, as part of the visit of the Medical City’s delegation to the Republic of Korea.
According to…
Tender Results of Government Treasury Bills Worth RO 23.4 Million Announced.
Muscat: The total issuance of Government Treasury Bills has been announced, amounting to RO 23.4 million. The details of these Treasury bills include a significant allotment of RO 3.1 million for a maturity period of 28 days.
According to Oman News A…
Second Hajj and Umrah Conference and Exhibition Begins in Oman
Muscat: The activities of the second Hajj and Umrah Conference and Exhibition, organized by the Ministry of Endowments and Religious Affairs, commenced today. The event serves as a platform bringing together all partners from Hajj and Umrah service pr…