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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
Tuesday, resulting in a net injection of CNY80 billion as no reverse repos
mature, according to Wind Information.
- The reverse repo aims to offset the impact of the tax season and government
bond issuance, the PBOC said.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.7500% at 10:02 a.m. local time from the close of
2.6931% on Monday: Wind Information. 
- The CFETS-NEX money-market sentiment index closed at 43 on Monday vs 54 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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