MNI: PBOC Net Drains CNY716.5 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY697 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY716.5 billion after offsetting the maturity of CNY1.4315 trillion 14-day reve...