央行明日开展4000亿元MLF操作，连续10个月加量续做

Core Viewpoint - The People's Bank of China (PBOC) is continuing to enhance medium- and long-term funding injections, with the Medium-term Lending Facility (MLF) being increased for the tenth consecutive month [2] Group 1: MLF Operations - On December 24, the PBOC announced a 400 billion yuan MLF operation with a one-year term to maintain ample liquidity in the banking system [2] - In December, the PBOC conducted a net injection of 100 billion yuan through MLF, following the maturity of 300 billion yuan MLF [2] - Prior to the MLF operation in December, the PBOC executed reverse repos of 1 trillion yuan and 600 billion yuan on December 5 and 15, respectively, totaling an increase of 200 billion yuan in liquidity [2] Group 2: Monetary Policy - The Central Economic Work Conference emphasized the need to continue implementing a moderately accommodative monetary policy, stating the importance of maintaining ample liquidity [2]