MNI: PBOC Net Drains CNY296.3 Bln via OMO Tuesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY16.2 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY296.3 billion after offsetting maturities of CNY312.5 billion today, accordi...