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China injects 400 bln yuan via 1-yr MLF, with rate unchanged

SHANGHAI, Aug 15 (Reuters) - China's central bank on Thursday lent 400 billion yuan ($56.90 billion) to financial institutions via its one-year medium-term lending facility (MLF), with the interest rate unchanged, it said in a statement.

The move effectively rolled over 383 billion yuan worth of medium-term facility loans that were maturing on the same day and added even more cash.

The interest rate for the one-year MLF was 3.30 percent, the People's Bank of China (PBOC) said, the same as in the previous such operation.

The PBOC also injected a net 30 billion yuan into money markets on Thursday through seven-day reverse bond repurchase agreements. The bank left the interest rate on the seven-day tenor unchanged at 2.55%. ($1 = 7.0297 Chinese yuan) (Reporting by Andrew Galbraith; Editing by Joseph Radford)