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MNI: PBOC Skips OMOs; Liquidity Condition Unchanged

     BEIJING (MNI) - PBOC skipped its Open Market Operations (OMO) on Monday,
stating on its website that the liquidity in the banking system is at a
"moderate" level after absorbing the impact of cash withdrawals. Today was the
14th consecutive trading day that the central bank has refrained from conducting
OMO. 
 - Liquidity conditions remain unchanged as no reverse repo matures today 
 - No reverse repos will mature this week 
 - CFETS-ICAP's money-market sentiment index closed at 44 on Sunday, slightly
down from 45 at Friday's close 
 - Benchmark 7-day deposit repo average fell to 2.8125% today from 2.8456% on
Sunday: Wind Information.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@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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