MNI: PBOC Net Drains CNY150.1 Bln via OMO Tuesday

Sep-02 01:35
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY255.7 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY105.7 billion after offsetting maturities of CNY405.8 billion today, accord...