MNI: PBOC Net Drains CNY119.5 Bln via OMO Thursday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY331 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY119.5 billion after offsetting maturities of CNY450.5 billion today, accordin...