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MNI: PBOC Net Drains CNY100 Billion by OMOs

MNI (Beijing)
     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations on Tuesday, resulting in a net drain of CNY100 billion as that amount
of reverse repos are maturing, according to Wind Information.
-- The PBOC said the total liquidity of the banking system is currently at a
relatively high level considering factors including maturing reverse repos. 
-- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.65% at 0917 local time from the close of 2.5147%
on Monday: Wind Information.
-- CFETS-NEX money-market sentiment index closed 33 on Feb 11 vs 26 on Feb 3.
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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