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MNI: PBOC Injects CNY60 Bln via Open Market Operations

     BEIJING (MNI) - The PBOC injected CNY60 billion via 7-day reverse repos on
Thursday, adding liquidity for the fourth day, according to Wind Information. 
     - The injection aims to offset tax payments and keep the liquidity in the
banking system reasonable and ample, the PBOC said.
     - The 7-day weighted average interbank repo rate for depository
institutions (DR007) fell to 2.6523% at 9:53 a.m. local time from the close of
2.7107% on Wednesday: Wind Information.
     - The CFETS-NEX money-market sentiment index closed at 40 on Wednesday vs
42 on Tuesday. A larger index indicates higher market expectations for tighter
liquidity.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@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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