MNI: PBOC Net Drains CNY73 Billion via OMO Monday

Jul-27 01:49
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY325.5 billion via 7-day reverse repos, with the rate unchanged at 1.4%. The operation led to a net drain of CNY73 billion after offsetting the maturity of CNY398.5 billion 7-day reverse r...