PBOC drains a net 150 bln Yuan this week via OMOs

China’s central bank, the PBOC drained a net 150 bln Yuan for the week via open market operations (OMOs), versus a net drain of 173.5 bln last week.

For today, the Chinese central bank injected 50 bln Yuan through 7 day reverse repos, and injected 20bn yuan through 14-day reverse repos, MNI quoted traders.