MNI: PBOC Net Drains CNY14.4 Bln via OMO Wednesday

Apr-16 01:54
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY104.5 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY14.4 billion after offsetting the maturities of CNY118.9 billion reverse re...