MNI: PBOC Net Drains CNY99.5 Bln via OMO Friday

Mar-07 01:53
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY185 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY99.5 billion after offsetting the maturity of CNY284.5 billion today, accordi...