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PBOC Drains Liquidity for Fourth Day.

CHINA
  • PBOC drained CNY218.4 of liquidity via OMO this morning.
  • CNY359.3bn was injected via reverse repo.
  • Maturities totalled CNY577.7bn today.
  • The PBOC maintains liquidity via the open market operations to remove or inject funds into the interbank system.

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