The People's Bank of China (PBOC) conducted CNY2 billion via 7-day reverse repos on Wednesday, with the rates unchanged at 2.00%. The operation has led to an unchanged liquidity after offsetting the maturity of CNY2 billion reverse repo today, according to Wind Information.

The operation aims to keep banking system liquidity reasonable and ample, the PBOC said on its website.
The 7-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.8386% at 10:35 am local time from the close of 1.7943% on Tuesday.
The CFETS-NEX money-market sentiment index closed at 45 on Tuesday, compared with the close of 47 on Monday.

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MNI: PBOC Injects CNY2 Billion Via OMOs Wednesday