MNI: PBOC Net Drains CNY38.5 Bln via OMO Monday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY190.5 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY38.5 billion after offsetting the maturity of CNY229 billion today, accordi...