MNI: PBOC Net Drains CNY255.9 Bln via OMO Tuesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY198.6 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY255.9 billion after offsetting the maturity of CNY454.5 reverse repo today,...