MNI: PBOC Net Injects CNY49.5 Billion via OMO Wednesday

May-20 01:44
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY50 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY49.5 billion after offsetting the maturity of CNY500 million reverse repos...