MNI: PBOC Net Drains CNY94.1 Bln via OMO Thursday

May-15 01:53
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY64.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY94.1 billion after offsetting the maturities of CNY158.6 billion today, acco...