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MNI: PBOC Net Drains CNY30 Bln Via OMOs

By Iris Ouyang
     BEIJING (MNI) - The PBOC injected CNY40 billion via its 7-day reverse repos
and CNY30 billion via its 14-day reverse repos on Thursday, resulting in net
drain of CNY 30 billion liquidity, as CNY100 billion reverse repos matured
today, according to Wind Information.
  - Today's net drain is the first drain in three weeks; 
  - CFETS-ICAP's money-market sentiment index closed at 49 on Thursday, up from
43 on Wednesday; 
  - Benchmark 7-day deposit repo average dropped to 2.6456% on Thursday from
2.6608% on Wednesday: Wind Information.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
[TOPICS: M$A$$$,M$Q$$$]

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