MNI: PBOC Net Drains CNY40.7 Billion via OMO Friday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY463.3 billion via seven-day reverse repos, with rate unchanged at 1.40%. The PBOC conducted another CNY100 billion via 14-day reverse repos. The operation led to a net drain of CNY40.7 bi...