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MNI: PBOC Net Injects CNY30 Billion via OMOs

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY120 billion
by 7-day reverse repos, and CNY30 billion by 14-day reverse repos on Thursday, a
ninth trading day that the central bank has added liquidity by open market
operations(OMOs). 
- It resulted in a net injection of CNY30 billion given the maturity of CNY120
billion of reverse repos, according to Wind Information.
- The PBOC said today's OMO is to stabilize the liquidity condition at the
yearend. 
- 7-day weighted average interbank repo average rate for depository institutions
(DR007) fell to 2.6629% at 10:28 a.m. local time from the close of 2.7502% on
Wednesday: Wind Information.
- CFETS-NEX money-market sentiment index closed at 41 on Wednesday vs 39 on
Tuesday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--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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