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MNI: PBOC Injects Net CNY20 Billion In OMOs Friday

     BEIJING (MNI) - The People's Bank of China injected CNY30 billion in
seven-day reverse repos, CNY10 billion in 14-day reverse repos and CNY10 billion
in 63-day reverse repos via open-market operations Friday, Wind Information, a
Shanghai-based financial data provider, said.
     This resulted in a net injection of CNY20 billion for the day, as a total
of CNY30 billion in reverse repos mature on Friday. 
     The PBOC has injected a net of CNY150 billion via its open-market
operations this week.
     The CFETS-ICAP money-market sentiment index ended at 48 on Thursday, down
from 60 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 official
website about this morning's OMO around 9:45 a.m., Beijing time. 
     The benchmark seven-day repo average was last at 2.6821%, compared with
2.9040% on Thursday.
--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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