MNI: PBOC Net Drains CNY85.2 Bln via OMO Friday

Feb-14 01:51
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY98.5 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY85.2 billion after offsetting the maturity of CNY183.7 billion today, accord...