MNI: PBOC Net Drains CNY191 Bln via OMO Friday

Oct-10 01:49
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY409 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY191 billion after offsetting maturities of CNY600 billion today, according to...