FAP, 16 May (FAP)-- in order to maintain reasonable and abundant liquidity in the banking system, the people's Bank of China launched the 125 billion yuan medium-term loan facility (MLF) operation and 2 billion yuan seven-day reverse repurchase operation on May 15, fully meeting the needs of financial institutions. The interest rates of MLF and reverse repurchase operations are 2.75% and 2% respectively, which remain unchanged. In view of the fact that the maturity of MLF this month is 100 billion yuan, the central bank MLF is an additional sequel. This is also the sixth consecutive month since December that the central bank has added more MLF, with the excess volume increasing by 5 billion yuan over the previous month, but still at a low level. Wen Bin, chief economist of Minsheng Bank, said that the capital side continued to be loose in May, the market interest rate center declined as a whole, and the need for a large sequel to MLF was not strong. At the same time, the interest rate of interbank certificates of deposit has declined significantly, the spread with MLF has widened, and the demand of banks for large sequels of MLF is not high. (Securities Daily)