MNI: PBOC Net Injects CNY58 Bln via OMO Wednesday

Mar-25 01:37
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY78.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY58 billion after offsetting the maturity of CNY20.5 today, according to ...