MNI: PBOC Net Drains CNY50.9 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY164 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY50.9 billion after offsetting the maturity of CNY214.9 reverse repo today, ac...