MNI: PBOC Net Drains CNY2.5 Bln via OMO Monday

Mar-17 02:12
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY481 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY2.5 billion after offsetting the maturity of CNY96.5 billion 7-day reverse re...