MNI: PBOC Net Drains CNY32 Bln via OMO Thursday

Aug-14 01:37
China

You are missing out on very valuable content.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY128.7 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY32 billion after offsetting maturities of CNY160.7 billion today, according...