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MNI: PBOC Issues CNY200 Bln 1-Y MLF; Net Injection CNY80 Bln

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY200 billion
via the one-year medium-term lending facility (MLF) on Monday with the rate
unchanged at 2.95%, according to a statement on the PBOC website. The operation
injected a net of CNY80 billion as CNY120 billion in reverse repos mature today,
according to Wind Information.
     - The operation aims to keep liquidity in the banking system reasonable
ample, the PBOC said in the statement on its website. 
     - The 7-day weighted average interbank repo rate for depository
institutions (DR007) rose to 2.1000% at 09:29 a.m. local time from the close of
1.9066% on last Friday.
     - The CFETS-NEX money-market sentiment index closed at 37 last Friday vs 39
on last Thursday. A higher index indicates decreased market expectations for
tighter liquidity.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: archie.zhang@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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