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MNI: PBOC Injects CNY250 Bln In OMOs Tue; Liquidity Unchanged

     BEIJING (MNI) - The People's Bank of China injected CNY130 billion in
seven-day reverse repos, CNY110 billion in 14-day reverse repos and CNY10
billion in 63-day reverse repos via open-market operations Tuesday, according to
Wind Information, a Shanghai-based financial data provider.
     This resulted in a net zero injection/drain for the day, as a total of
CNY250 billion in reverse repos mature on Tuesday. 
     The CFETS-ICAP money-market sentiment index ended at 40 on Monday, up
slightly from 37 at Friday's close. The lower the reading the better the
liquidity conditions in the interbank market.
     The PBOC is expected to make an official announcement on its official
website about this morning's OMO around 9:45a.m., Beijing time.
     The benchmark seven-day repo average was last at 2.6579%, compared with
2.8748% on Monday.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI BEIJING Bureau; +1 202-371-2121; email: john.carter@mni-news.com
[TOPICS: MMQPB$,M$A$$$,M$Q$$$,MN$MM$]

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