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MNI: PBOC Net Injects CNY40 Billion via OMOs

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY40 billion
via 7-day reverse repos on Tuesday, ending the 18-day long suspension of open
market operations. This results in a net injection of CNY40 billion as no
reverse repos mature today, according to Wind Information.
--The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 3.1000% at 1045 local time from the close of
2.8038% on Monday: Wind Information. 
--The CFETS-NEX money-market sentiment index closed at 49 on Monday vs 42 on
Friday.
--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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