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MNI: PBOC Issues CNY200 Bln 1-Y MLF; Rate Unchanged

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY200 billion
on Friday via 1-year medium-term lending facility (MLF) with the rate unchanged
at 3.25%. The central bank skipped conducting reverse repos today, it said in a
statement posted on its website.
     - The level of liquidity in the banking system is reasonable and ample
after hedging the tax paying, the PBOC said.
     - The 7-day weighted average interbank repo rate for depository
institutions (DR007) fell to 2.6960% at 09:56 a.m. local time from the close of
2.7091% on Thursday: Wind Information.
     - The CFETS-NEX money-market sentiment index closed at 57 on Thursday vs 40
on Wednesday. A higher index indicates higher market expectations for tighter
liquidity.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com

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