MNI: PBOC Net Drains CNY139 Bln via OMO Wednesday

Feb-12 01:56
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY558 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY139 billion after offsetting the maturity of CNY697 billion today, accord...