MNI: PBOC Net Drains CNY55.5 Bln via OMO Monday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY170.7 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY55.5 billion after offsetting the maturity of CNY226.2 reverse repo today, ...