The People's Bank of China (PBOC) conducted a 7-day reverse repo operation of RMB220.5 billion today (23rd), with the operation rate unchanged at 1.4%. Today, RMB242 billion of reverse repos matured, resulting in a net withdrawal of RMB21.5 billion for the day.Related NewsOvernight Shibor Drops 0.3 bps to 1.366%