MNI: PBOC Net Drains CNY469 Billion via OMO Tuesday

Sep-01 01:40
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY5 billion via seven-day reverse repos, with the rate unchanged at 1.4%. PBOC conducted another CNY359 billion via overnight reverse repos. The operation led to a net drain of CNY469 billi...