MNI: PBOC Net Drains CNY34.6 Bln via OMO Tuesday

Jan-20 01:49
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY324 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY34.6 billion after offsetting the maturity of CNY358.6 billion today, accordi...