MNI: PBOC Net Drains CNY30 Billion via OMO Friday

May-29 01:48
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY123 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY30 billion after offsetting the maturity of CNY153 billion reverse repos toda...