MNI: PBOC Net Drains CNY375.5 Bln via OMO Tuesday

Jun-03 02:12
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY454.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY375.5 billion after offsetting the maturities of CNY830 billion today, acco...