MNI: PBOC Net Drains CNY88.5 Bln via OMO Fri

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY19.3 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY88.5 billion after offsetting the maturity of CNY107.8 billion today, accord...