MNI: PBOC Net drains CNY170.7 Bln via OMO Tuesday

Feb-25 01:27
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY318.5 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY170.7 billion after offsetting the maturity of CNY489.2 billion today, acco...