MNI: PBOC Net Drains CNY484.1 Bln via OMO Tuesday

Feb-18 01:45
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY48.9 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY484.1 billion after offsetting the maturity of CNY33 billion 7-day reverse r...