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MNI: PBOC Net Injects CNY70 Billion via OMOs

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY150 billion
via 7-day reverse repos on Tuesday, resulting in a net injection of CNY70
billion given that CNY80 billion of reverse repos matured today, according to
Wind Information.
- This is to offset the maturity of reverse repos, the PBOC said.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 3.0000% at 9:55 a.m. local time from the close of
2.7723% on Monday: Wind Information. 
- The CFETS-NEX money-market sentiment index closed at 47 on Monday vs 44 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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