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MNI: PBOC Injects Net CNY50 Billion In OMOs Monday

     BEIJING (MNI) - The People's Bank of China injected CNY80 billion in
seven-day reverse repos and CNY70 billion in 14-day reverse repos via
open-market operations Monday, according to Wind Information, a Shanghai-based
financial data provider.
     This resulted in a net injection of CNY50 billion, as a total of CNY100
billion in reverse repos mature on Monday. 
     A total of CNY182.5 billion in Medium-term Lending Facilities (MLF) loans
will mature today. 
     A total of CNY80 billion in treasury deposit will mature today, while the
same amount will be deposited in the banking system.
     The CFETS-ICAP money-market sentiment index ended at 52 on Friday, the same
as Thursday'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. local time.
     The benchmark seven-day repo average was last at 2.6950%, compared with
2.9043% on Friday.
--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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