MNI: PBOC Net Drains CNY195.5 Bln via OMO Monday

Mar-03 02:16
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY97 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY195.5 billion after offsetting the maturity of CNY292.5 billion today, accordi...