MNI: PBOC Net Drains CNY64.8 Bln via OMO Monday

Oct-20 01:45
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY189 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY64.8 billion after offsetting maturities of CNY253.8 billion today, according...