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MNI: PBOC Injects Net CNY100 Billion In OMOs Thursday

     BEIJING (MNI) - The People's Bank of China injected CNY140 billion in
seven-day reverse repos, CNY120 billion in 14-day reverse repos and CNY10
billion in 63-day reverse repos via open-market operations Thursday, Wind
Information, a Shanghai-based financial data provider, said.
     This resulted in a net injection of CNY100 billion for the day, as a total
of CNY170 billion in reverse repos mature on Thursday.
     A total of CNY80 billion in treasury deposits will mature on Thursday. 
     The CFETS-ICAP money-market sentiment index ended at 60 on Thursday, barely
changed from 59 at Wednesday'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 website about
this morning's OMO around 9:45 a.m., Beijing time. 
     The benchmark seven-day repo average was last at 2.8466%, compared with
2.8967% on Wednesday.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86 (10) 8532-5998; email: rich.dirks@marketnews.com
[TOPICS: MMQPB$,M$A$$$,M$Q$$$,MN$MM$]

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