MNI: PBOC Net Drains CNY224.2 Bln via OMO Friday

Mar-06 01:49
China

You are missing out on very valuable content.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY44.8 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY224.2 billion after offsetting the maturity of CNY269 today, according to Wi...