MNI: PBOC Net Drains CNY1.3 Bln via OMO Tuesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY197.3 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY1.3 billion after offsetting the maturity of CNY198.6 reverse repo today, a...