MNI: PBOC Net Drains CNY302.5 Bln via OMO Wednesday

Feb-04 01:44
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY75 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY302.5 billion after offsetting the maturity of CNY377.5 billion today, accordi...