SHANGHAI, April 23 (Reuters) - China's central bank will drain 10 billion yuan ($1.62 billion)from the money markets through 28-day bond repurchase agreements on Tuesday, traders said.
Maturing bills and repos will inject a net 152 billion yuan into the banking system this week.
The People's Bank of China (PBOC) conducted a net drain of 14 billion yuan from the banking system last week.
($1 = 6.1826 Chinese yuan)
(Reporting by Steven Bian, Li Hongwei, Pete Sweeney and Chen Yixin; Editing by Jacqueline Wong)
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