MNI: PBOC Net Drains CNY369 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY40.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY369 billion after offsetting the maturity of CNY409.5 today, according to Wi...