MNI: PBOC Net Drains CNY170.5 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY138.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY170.5 billion after offsetting maturities of CNY309 billion today, accordin...