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MNI: PBOC Drains Net CNY20 Bln Via OMOs

     BEIJING (MNI) - The People's Bank of China injected CNY80 billion via its
7-day reverse repos on Friday, resulting in a net drain of CNY20 billion as a
total of CNY100 billion reverse repos matured today. There has been a net drain
of CNY370 billion this week, according to Wind Information. 
  - CFETS-ICAP's money-market sentiment index closed at 33 on Thursday, down
from 34 on Wednesday;
  - Benchmark 7-day deposit repo average fell to 2.6560% on Friday from 2.8892%
on Thursday: Wind Information. 
--MNI Beijing Bureau; +86 (10) 8532-5998; email: sherry.qin@marketnews.com
--MNI Singapore Bureau; +65 8233 2326; email: Asia-Editor@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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