MNI: PBOC Net Drains CNY275.5 Bln via OMO Tuesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY131 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY275.5 billion after offsetting the maturity of CNY406.5 reverse repo today, a...