MNI: PBOC Net Drains CNY21.5 Bln via OMO Monday

Jun-23 01:32
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY220.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY21.5 billion after offsetting the maturity of CNY242 reverse repo today, ac...