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MNI: PBOC Net Injects CNY50 Billion by OMOs

MNI (London)
     BEIJING (MNI) - The People's Bank of China (PBOC) Thursday injected CNY50
billion into the market via 14-day reverse repos for a second consecutive day,
resulting in a net injection of CNY50 billion as no reverse repos matured today,
according to Wind Information.
- The PBOC said today's OMO is to maintain overall liquidity in the banking
system at a reasonable and ample level. 
- 7-day weighted average interbank repo average rate for depository institutions
(DR007) fell to 2.6877% at 1004 local time from the close of 2.7467% on
Wednesday: Wind Information.
- CFETS-NEX money-market sentiment index closed at 32 on Wednesday vs 33 on
Tuesday.
--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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