MNI: PBOC Net Drains CNY174.5 Bln via OMO Tuesday

Aug-26 01:36
China

You are missing out on very valuable content.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY405.8 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY174.5 billion after offsetting maturities of CNY580.3 billion today, accord...