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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 a 27th straight trading day Monday, leaving liquidity
unchanged as no reverse repos mature, according to Wind Information. The central
bank said the total liquidity in the banking system remains at a relatively high
level.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) decreased to 2.6361% at 0933 local time, down from the
2.6778% close Friday, Wind data showed.
- The CFETS-NEX money-market sentiment index closed at 37 on Friday, down from
39 on Thursday.
--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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