MNI: PBOC Net Drains CNY604 Billion via OMO Friday

Oct-09 02:40
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY2 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY604 billion after offsetting maturities of CNY606 billion, according to Wind In...