MNI: PBOC Net Drains CNY99.2 Billion via OMO Thursday

May-07 01:35
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY27 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net drain of CNY99.2 billion after offsetting the maturity of CNY126.2 billion today, accordin...