MNI: PBOC Net Drains CNY109.5 Billion via OMO Thursday

Nov-05 02:06
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY263 billion via overnight reverse repos, with the rate at 1.25%. The operation led to a net drain of CNY109.5 billion after offsetting maturities of CNY372.5 billion, according to Wind In...