MNI: PBOC Net Drains CNY62 Bln via OMO Tuesday

Jul-08 01:41
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY69 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY62 billion after offsetting the maturity of CNY131 reverse repo today, accordi...