MNI: PBOC Net Drains CNY25.5 Billion via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY500 million via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY25.5 billion after offsetting the maturity of CNY26 billion today, according ...