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MNI: PBOC Net Injects CNY80 Billion by OMOs

MNI (London)
     BEIJING (MNI) - The People's Bank of China (PBOC) Friday injected CNY80
billion into the market via 14-day reverse repos, adding liquidity for a third
consecutive day, resulting in a net injection of CNY80 billion as no reverse
repos matured today, according to Wind Information.
-- The PBOC said today's OMO is to offset cash inputs, government bonds issuance
and other factors. 
-- 7-day weighted average interbank repo average rate for depository
institutions (DR007) fell to 2.6712% at 1000 local time from the close of
2.7014% on Thursday: Wind Information.
-- CFETS-NEX money-market sentiment index closed at 42 on Thursday vs 32 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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