MNI: PBOC Net Drains CNY44 Billion via OMO Monday

Nov-09 01:46
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY182 billion via overnight reverse repos, with the rate at 1.25%. The operation led to a net drain of CNY44 billion after offsetting maturities of CNY226 billion, according to Wind Informa...