MNI: PBOC Injects CNY280 Bln via Open Market Operations

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY30 billion

via 7-day reverse repos and CNY250 billion via 14-day reverse repos on Thursday,

injecting a net of CNY280 billion.

     - The PBOC kept the 14-day reverse repo rate at 2.65% and at 2.50% for

7-day reverse repo. 

     - The PBOC will pay close attention to the liquidity situation, conduct

flexible open market operations, and maintain stable liquidity at the end of the

year, the central bank said on its website.

     - The 7-day weighted average interbank repo rate for depository

institutions (DR007) rose to 2.5762% at 10:01 a.m. local time from the close of

2.5472% on Wednesday: Wind Information.

     - The CFETS-NEX money-market sentiment index closed at 32 on Wednesday vs

41 on Tuesday. A lower index indicates reduced market expectations for tighter

liquidity.

--MNI Beijing Bureau; +86 (10) 8532-5998; email: archie.zhang@marketnews.com

--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com

[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]