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MNI: PBOC Skips OMOs for 10th Consecutive Day

     BEIJING (MNI) - The PBOC skipped its open market operations on Tuesday,
stating on its website that the liquidity in the banking system is at a
relatively high level. The PBOC's inaction resulted in no change in liquidity,
as no reverse repos matured today, according to Wind Information. 
  - Today is the 10th day the PBOC has skipped OMO; 
  - No reverse repos will mature this week, while CNY176.5 billion in one-year
MLF will mature;
  - CFETS-ICAP's money-market sentiment index closed at 34 on Monday, up from 28
on Friday;
  - Benchmark 7-day deposit repo average rose to 2.6500% on Tuesday from 2.5761%
on Friday: Wind Information. 
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
--MNI Beijing Bureau; +86-10-8532-5998; email: beijing@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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