In order to maintain the reasonable and sufficient liquidity of the banking system, on August 15, 2022, the people’s Bank of China launched a 400 billion yuan medium-term loan facility (MLF) operation (including the renewal of the MLF due on August 16) and a 2 billion yuan open market reverse repurchase operation, which fully met the needs of financial institutions. The bid winning interest rates of the medium-term loan facility (MLF) operation and the open market reverse repurchase operation both decreased by 10 basis points< img alt="" style="width:600px;" src=" ">