SHANGHAI (Reuters) – China’s central bank held a medium-term lending operation on Wednesday while keeping interest rates unchanged.

The People’s Bank of China (PBOC) issued 300 billion yuan ($41.10 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.00%, unchanged from at the previous rate, according to an online statement from the bank.

Bid rates in Wednesday’s operation ranged from 1.90% to 2.30%, the central bank said.

A batch of 1.45 trillion yuan worth of MLF loans is due to expire this month.

($1 = 7.2984)

(This story has been refiled to correct the spelling of ‘cenbank’ in the headline)