MNI: PBOC Net Drains CNY20 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY118.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY20 billion after offsetting maturities of CNY138.5 billion today, according...