MNI: PBOC Net Drains CNY245.5 Billion via OMO Friday

Aug-28 01:47
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY20 billion via seven-day reverse repos, with the rate unchanged at 1.4%. PBOC conducted another CNY333 billion via overnight reverse repos. The operation led to a net drain of CNY245.5 bi...