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MNI: PBOC Net Injects CNY40 Billion by OMOs

MNI (London)
     BEIJING (MNI) - The People's Bank of China (PBOC) Friday injected CNY40
billion via 7-day reverse repos. It resulted in a net injection of CNY40 billion
as no reverse repos mature, according to Wind Information.
--The PBOC has net injected a total CNY60 billion of liquidity via reverse repos
this week, as no reverse repos matured in the period, Wind Information said.
--The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.6200% at 1004 local time from the close of
2.2885% on Thursday: Wind Information.
--CFETS-NEX money-market sentiment index closed at 46 on Thursday vs 35 on
Wednesday.
--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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