MNI: PBOC Net Injects CNY177 Bln via OMO Tuesday

May-20 01:33
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY357 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY177 billion after offsetting the maturities of CNY180 billion today, acco...