MNI: PBOC Net Drains CNY161.5 Bln via OMO Friday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY139.8 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY161.5 billion after offsetting maturities of CNY301.3 billion today, accord...