MNI: PBOC Net Drains CNY225.5 Bln via OMO Wednesday

Apr-02 01:30
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY229.9 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY225.5 billion after offsetting the maturity of CNY455.4 billion today, acco...