MNI: PBOC Net Injects CNY248.5 Billion via OMO Tuesday

May-26 01:34
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY249 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY248.5 billion after offsetting the maturity of CNY0.5 billion reverse rep...