MNI: PBOC Net Drains CNY19.3 Bln via OMO Friday

Dec-12 01:35
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY120.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY19.3 billion after offsetting maturities of CNY139.8 billion today, accordi...