MNI: PBOC Net Drains CNY177.8 Bln via OMO Wednesday

Mar-12 02:04
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY175.4 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY177.8 billion after offsetting the maturity of CNY353.2 billion today, acco...