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ITALY T-BILL AUCTION PREVIEW

Jul 27 6-Month BOT Details

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     BEIJING (MNI) - The PBOC injected CNY40 billion in its 7-day reverse repos
on Friday, which left liquidity unchanged as the same amount of reverse repos
matured today.                                      
- PBOC has drained a total of CNY270 billion by OMO this week;
- CFETS-ICAP's money-market sentiment index closed at 62 on Thursday, up from 56
on Wednesday; 
- Benchmark 7-day deposit repo average fell to 2.6503% from 2.9530% on Thursday:
Wind Information. 
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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