MNI: PBOC Net Drains CNY39 Bln via OMO Tuesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY117.3 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY39.0 billion after offsetting maturities of CNY156.3 billion today, accordi...