MNI: PBOC Net Drains CNY87.7 Bln via OMO Friday

Mar-21 01:37
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY93 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY87.7 billion after offsetting the maturity of CNY180.7 billion today, accordin...