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MNI: PBOC Drained Net CNY10 Billion on Thursday

     BEIJING (MNI) - PBOC injected CNY100 billion in 7-day reverse repos, CNY30
billion in 28-day reverse repos, and CNY20 billion in 63-day reverse repos on
Thursday, according to Wind Information. 
     The injection came after the PBOC skipped OMO for two consecutive trading
days. 
     It resulted in a net drain of CNY10 billion as CNY1600 reverse repo matures
today. 
  - CFETS-ICAP's money-market sentiment index closed at 56 on Wednesday, up from
46 on Tuesday.
  - Benchmark 7-day deposit repo average fell to 2.7655% today from 2.9965% on
Tuesday: Wind Information. 
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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