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BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY30 billion
via 14-day reverse repos on Thursday, resulting in a net injection of CNY30
billion as no reverse repos matured, according to Wind Information.
- The injection aims at stabilizing liquidity conditions through midyear, the
PBOC said. The reverse repo rate was kept unchanged at 2.70%, according to the
PBOC's OMO trading announcement.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.4677% at 9:48 local time from the close of
2.2151% on Wednesday: Wind Information.
- The CFETS-NEX money-market sentiment index closed at 36 on Wednesday vs 41 on
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