MNI: PBOC Net Drains CNY62.2 Bln via OMO Thursday

Dec-11 01:24
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY118.6 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY62.2 billion after offsetting maturities of CNY180.8 billion today, accordi...