MNI: PBOC Net Injects CNY296.5 Billion via OMO Tuesday

Jun-16 03:08
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY449.5 billion via 7-day reverse repos, with the rate unchanged at 1.4%. The operation led to a net injection of CNY296.5 billion after offsetting the maturity of CNY153 billion today, acc...