MNI: PBOC Net Drains CNY244.2 Bln via OMO Friday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY164.8 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY244.2 billion after offsetting maturities of CNY409 billion today, accordin...