MNI: PBOC Net Drains CNY266.9 Billion via OMO Wednesday

May-06 01:58
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY26 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY266.9 billion after offsetting the maturity of CNY292.9 billion today, accordi...