MNI: PBOC Net Drains CNY225 Bln via OMO Tuesday

May-13 01:39
China

You are missing out on very valuable content.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY180 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY225 billion after offsetting the maturities of CNY405 billion today, accordin...