MNI: PBOC Net Drains CNY335.3 Bln via OMO Wednesday

May-07 02:10
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY195.5 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY335.3 billion after offsetting the maturities of CNY530.8 billion reverse r...