MNI: PBOC Net Drains CNY7.7 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY156.3 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY7.7 billion after offsetting the maturity of CNY164 reverse repo today, acc...