MNI: PBOC Net Drains CNY26.5 Billion via OMO Thursday

May-14 01:43
China

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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 CNY26.5 billion after offsetting the maturity of CNY27 billion today, according ...