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MNI: PBOC Skips OMO, Liquidity Unchanged

MNI (London)
     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations (OMOs) for the 18th straight day Tuesday, leaving liquidity
unchanged, as no reverse repos mature, according to Wind Information. The
central bank said liquidity in the banking system remains reasonable and ample.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.6563% at 0925 local time from the close of
2.6327% Friday: Wind Information.
- The CFETS-NEX money-market sentiment index closed at 56 on Monday, up from 43
on Friday.
--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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