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MNI: PBOC Net Injects CNY120 Bln Via OMOs

MNI (London)
     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY120 billion
of seven-day reverse repos on Monday. The move resulted in a net injection of
CNY120 billion in liquidity as no reverse repos mature today, according to Wind
Information.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.6438% at 0940 local time from Friday's 2.6081
close: Wind Information;
- The CFETS-NEX money-market sentiment index closed at 34 on Friday, down from
36 on Thursday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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