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MNI: PBOC Net Drains CNY160 Billion after OMOs

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY10 billion by
7-day reverse repos on Friday, a 14th trading day of liquidity injection by open
market operations(OMOs). 
- The result is a net drain of CNY160 billion after the maturity of CNY170
billion of reverse repos, according to Wind Information. 
- There is also CNY100 billion of Treasury's cash deposit at commercial banks
maturing today, said Wind. 
- 7-day weighted average interbank repo average rate for depository institutions
(DR007) increased to 2.5982% at 10:14 a.m. local time from the close of 2.2967%
on Thursday: Wind Information. 
- CFETS-NEX money-market sentiment index closed at 26 on Thursday vs 29 on
Wednesday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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