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MNI: PBOC Skips OMOs for 11th Consecutive Day

     BEIJING (MNI) - The PBOC skipped its open market operations on Wednesday,
citing "relatively high level of liquidity" can offset impact from financial
institutions paying for reserve requirements. There is no change in liquidity
today as no reverse repos mature, according to Wind Information. 
- Today is the 11th day the PBOC has skipped OMO; 
- CNY176.5 billion one-year MLF matures this week while reverse repos mature;
- CFETS-ICAP money-market sentiment index closed at 29 on Tuesday, down from 34
on Monday;
- Benchmark seven-day deposit repo average rose to 2.5802% on Wednesday from
2.5110% on Tuesday: Wind Information. 
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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