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MNI: PBOC Net Drained CNY50 Bln After Skipping OMOs

     BEIJING (MNI) - The People's Bank of China injected CNY70 billion via its
7-day reverse repos, CNY20 billion via its 14-day reverse repos, and CNY10
billion via 28-day reverse repos on Tuesday, resulting in a net injection of
CNY50 billion as a total of CNY50 billion reverse repos matured today, according
to Wind Information.
  - A total of CNY170 billion in reverse repos will mature this week;
  - CFETS-ICAP's money-market sentiment index closed at 35 on Tuesday, up from
30 on Monday;
  - Benchmark 7-day deposit repo average rose to 2.6489% on Tuesday from 2.6375%
on Monday: Wind Information. 
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
--MNI Beijing Bureau; +86-10-8532-5998; email: beijing@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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