MNI: PBOC Net Injects CNY497.5 Bln via OMO Wednesday

Aug-20 01:27
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY616 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY497.5 billion after offsetting maturities of CNY118.5 billion today, acco...