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MNI: PBOC Net Injects CNY25 Billion via OMOs

MNI (London)
     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY40 billion
via 14-day reverse repos on Wednesday, resulting in a net injection of CNY25
billion as CNY15 billion of reverse repos matured today, according to Wind
Information.
- The injection aims at stabilizing the liquidity conditions through mid-year,
the PBOC said. The reverse repo rate was kept unchanged at 2.70%, according to
the PBOC's OMO trading announcement.
     - The PBOC also conducted another CNY240 billion via MLF Wednesday, as
CNY200 MLF matured. The rate was kept at 3.30%.
     - The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.4601% at 10:00 local time from the close of
2.2514% on Tuesday: Wind Information. 
- The CFETS-NEX money-market sentiment index closed at 41 on Tuesday vs 43 on
Monday.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@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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