The move brought the rate on MLF loans to 3.05 percent and 3.20 percent, respectively, the PBOC said in an online statement.
The PBOC also said it had lent 113.5 billion yuan ($16.47 billion) of six-month MLF loans and 189.5 billion yuan of one-year MLF loans to 17 financial institutions on Thursday.
The MLF is a supplementary policy tool the central bank uses to manage conditions and medium-term interest rates in the banking system and money markets.
The central bank also raised the rate on open market operation reverse repos for seven-day, 14-day and 28-day tenors, bringing them to 2.45 percent, 2.60 percent and 2.75 percent, respectively.
China has cut its economic growth target this year as the world’s second-largest economy pledges to push through painful reforms to address a rapid build-up in debt, and erects a “firewall” against financial risks.
($1 = 6.8917 Chinese yuan renminbi)
