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China's c.bank lowers 6-mth MLF rate to 3.25 pct from 3.35 pct - sources
China's central bank lowered its lending rate via a medium-term lending facility operation (MLF) to some financial institutions on Friday, sources said. The new loans, with a maturity of six months, had an interest rate of 3.25 percent, compared with 3.35 percent in October. The People's Bank of China had extended 105.5 billion yuan ($16.50 billion) of loans to 11 financial institutions under MLF in October to ensure liquidity in the banking system.