MNI: PBOC Net Drains CNY150.6 Bln via OMO Tuesday

Jan-07 01:32
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY7.1 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY150.6 billion after offsetting the maturity of CNY157.7 billion today, accord...