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MNI: PBOC Net Injects CNY30 Billion via OMOs

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY30 billion
via 14-day reverse repos on Friday, adding liquidity for the 14th straight day.
This results in a net injection of CNY30 billion as no reverse repos matured,
according to Wind Information.
- The injection aims to stabilize 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 PBOC has injected a total of CNY355 billion this week, including the
CNY240 billion of medium-term lending facility (MLF), according to Wind
Information.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.5757% at 9:55 local time from the close of
2.2868% on Thursday: Wind Information. 
- The CFETS-NEX money-market sentiment index closed at 36 on Thursday, unchanged
from Wednesday's close.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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