MNI: PBOC Net Drains CNY500.2 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY28.6 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY500.2 billion after offsetting maturities of CNY528.8 billion today, accordi...