MNI: PBOC Net Drains CNY5 Billion via OMO Wednesday

Aug-12 01:47
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY0 billion via 7-day reverse repos, with the rate unchanged at 1.4%. The operation led to a net drain of CNY5 billion after offsetting the maturity of CNY5 billion reverse repos today, acc...