MNI: PBOC Net Drains CNY266.8 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY98.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY266.8 billion after offsetting the maturity of CNY365.3 reverse repo today, ...