MNI: PBOC Net Injects CNY421.7 Bln via OMO Friday

Aug-29 01:58
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY782.9 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY421.7 billion after offsetting maturities of CNY361.2 billion today, ac...