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MNI: PBOC Drained Net CNY20 Billion on Friday

     BEIJING (MNI) - PBOC injected CNY40 billion in 7-day reverse repos, CNY30
billion in 28-day reverse repos, and CNY20 billion in 63-day reverse repos on
Friday, totaling CNY90 billion according to Wind Information.                   
- Net drain of CNY20 billion as CNY110 billion reverse repo matures today.      
                       - PBOC has injected a net of CNY120 billion this week.   
                                  - CFETS-ICAP's money-market sentiment index
closed at 50 on Thursday, down from 56 on Wednesday.
- Benchmark 7-day deposit repo average fell to 2.6546% today from 2.8904% on
Thursday: Wind Information.                    
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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