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MNI: PBOC Net Injects CNY50 Billion via OMOs

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY50 billion
via 7-day reverse repos on Monday, adding liquidity for a fifth straight day.
This resulted in a net injection of CNY50 billion as no reverse repos matured,
according to Wind Information.
- The reverse repo rate was kept unchanged at 2.55%, according to the PBOC's OMO
trading announcement.
- The 7-day weighted average interbank repo rate for depository institutions
(DR007) fell to 2.6687% at 9:55 local time from the close of 2.8324% on Friday:
Wind Information. 
- The CFETS-NEX money-market sentiment index closed at 42 on Friday vs 58 on
Thursday.
--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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