MNI: PBOC Net Drains CNY452.1 Bln via OMO Thursday

Jul-03 01:27
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY57.2 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY452.1 billion after offsetting the maturity of CNY509.3 reverse repo today, ...