MNI: PBOC Net Drains CNY297.5 Bln via OMO Thursday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY23 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY297.5 billion after offsetting the maturity of CNY320.5 today, according to Wi...