MNI: PBOC Net Drains CNY313 Bln via OMO Tuesday

Apr-01 01:31
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY64.9 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY313 billion after offsetting the maturity of CNY377.9 billion today, accordi...