MNI: PBOC Net Drains CNY150.8 Bln via OMO Wednesday

Sep-03 02:09
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY229.1 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY150.8 billion after offsetting maturities of CNY379.9 billion today, accord...