MNI: PBOC Net Drains CNY52 Billion via OMO Friday

Nov-06 01:58
China

You are missing out on very valuable content.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY226 billion via overnight reverse repos, with the rate at 1.25%. The operation led to a net drain of CNY52 billion after offsetting maturities of CNY278 billion, according to Wind Informa...