MNI: PBOC Net Drains CNY10.9 Bln via OMO Tuesday

Sep-23 01:55
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY276.1 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY10.9 billion after offsetting maturities of CNY287 billion today, according...