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MNI: PBOC Injects Net CNY30 Billion In OMOs Thursday

     BEIJING (MNI) - The People's Bank of China injected CNY30 billion in
seven-day reverse repos and CNY30 billion in 14-day reverse repos via
open-market operations Thursday, according to Wind Information, a Shanghai-based
financial data provider.
     This resulted in a net injection of CNY30 billion, given that CNY30 billion
in reverse repos mature on Thursday. 
     The CFETS-ICAP money-market sentiment index ended at 47 on Wednesday, up
from 41 on Tuesday. The lower the reading the better the liquidity conditions in
the interbank market.
     PBOC is expected to make an official announcement on its official website
about this morning's OMO around 9:45a.m., Beijing time.
     The benchmark seven-day repo average was last at 2.6500%, compared with
2.8352% on Wednesday.
--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: MMQPB$,M$A$$$,M$Q$$$,MN$MM$]

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