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MNI: PBOC Injects CNY30 Bln via Open Market Operations

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY30 billion
via 14-day reverse repos with the rate unchanged at 2.65% on Wednesday,
according to a statement on the PBOC website.
     - The injection aims to keep the liquidity in the banking system at a
reasonable and ample level, PBOC said.
     - The 7-day weighted average interbank repo rate for depository
institutions (DR007) rose to 2.6034% at 09:57 a.m. local time from the close of
2.5727% on Tuesday: Wind Information.
     - The CFETS-NEX money-market sentiment index closed at 42 on Tuesday vs 37
on Monday. A higher index indicates increased market expectations for tighter
liquidity.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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