MNI: PBOC Net Injects CNY120.5 Bln via OMO Wednesday

Mar-19 01:48
China

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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY295.9 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY120.5 billion after offsetting the maturity of CNY175.4 billion today, ...