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MNI: PBOC Net Injects CNY80 Billion via OMOs

     BEIJING (MNI) - The PBOC injected CNY80 billion via 7-day reverse repos on
Thursday, adding liquidity for the third day. This net injected CNY80 billion as
no reverse repos mature today, according to Wind Information.
--The reverse repo aims to offset the tax season and keep the liquidity of the
banking system reasonable and ample, the PBOC said.
--The 7-day weighted average interbank repo average rate for depository
institutions (DR007) fell to 2.7300% at 10:03 a.m. local time from the close of
2.7916% on Wednesday: Wind Information. 
--CFETS-NEX money-market sentiment index closed at 39 on Wednesday vs 47 on
Tuesday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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