MNI: PBOC Net Drains CNY19.1 Bln via OMO Wednesday

Feb-19 01:42
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY538.9 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY19.1 billion after offsetting the maturity of CNY558 billion today, accordi...