MNI: PBOC Net Drains CNY296.5 Bln via OMO Tuesday

Feb-03 02:18
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY105.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY296.5 billion after offsetting the maturity of CNY402 billion today, accord...