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     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations (OMOs) for a fourth day on Thursday. This resulted in a net drain of
CNY70 billion as the same amount of reverse repos matures today, according to
Wind Information. 
- The central bank said the current liquidity in the banking system is at a
relatively high level; 
- 7-day weighted average interbank repo average rate for depository institutions
(DR007) increased to 2.6500% at 09:30 a.m. local time from the close of 2.3866%
on Wednesday: Wind Information; 
- CFETS-NEX money-market sentiment index closed at 40 on Wednesday vs 34 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$MM$]