The People's Bank of China (PBOC) conducted today (10th) an RMB189.8 billion seven-day reverse repo operation in the open market, with the operation rate remaining unchanged at 1.4%. Today, RMB79.3 billion of reverse repos matured, resulting in a single-day net injection of RMB110.5 billion for the day. Related NewsOvernight Shibor Drops 0.5 Bps to 1.267%