MNI: PBOC Net Injects CNY261.3 Billion via OMO Wednesday

Jun-17 01:42
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY420.3 billion via 7-day reverse repos, with the rate unchanged at 1.4%. The operation led to a net injection of CNY261.3 billion after offsetting the maturity of CNY159 billion today, acc...