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MNI: PBOC Skips OMO, Liquidity Unchanged On Previous

MNI (London)
     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations (OMOs) on Friday, leaving liquidity unchanged on the previous day,
with no reverse repos maturing, according to Wind Information. 
The central bank said the total liquidity in the banking system has declined due
to the taxation period and other factors, but was still at a reasonable and
ample level.
- The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.6330% at 9:30 a.m. local time from the close of
2.5753% Thursday: Wind Information;
- The CFETS-NEX money-market sentiment index closed at 38 on Thursday, up from
33 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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