MNI: PBOC Net Drains CNY0.5 Bln via OMO Tuesday

Mar-11 01:31
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY37.7 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY0.5 billion after offsetting the maturity of CNY38.2 billion today, accordin...