MNI: PBOC Net Drains CNY491.9 Bln via OMO Friday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY34 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY491.9 billion after offsetting the maturity of CNY525.9 reverse repo today, ac...