China's central bank to conduct medium-term loan operation on Tuesday

China's central bank said on Monday that it would issue 450 billion yuan (HK$482.55 billion) of one-year medium-term lending facility loans on Tuesday.

Starting this month, MLF operations will be carried out by adopting a fixed-quantity, interest-rate bidding, and multiple-price bidding method, the People's Bank of China said in a statement.

REUTERS