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MNI: PBOC Skips OMOs; No Reverse Repos Mature Today

     BEIJING (MNI) - The PBOC skipped its open market operations (OMO) on
Friday, stating on its website that a relatively high level of liquidity can
offset the impacts of government bonds issuance and tax payments. No reverse
repos mature today, according to the PBOC. 
  - The PBOC has not conducted OMOs for 16 consecutive days. No liquidity has
been injected or drained this week;
  - CFETS-ICAP's money-market sentiment index closed at 38 on Thursday,
significantly up from 33 on Wednesday;
  - Benchmark 7-day deposit repo average rose to 2.5671% on Friday from 2.3412%
on Thursday: Wind Information. 
--MNI Beijing Bureau; +86 (10) 8532-5998; email: sherry.qin@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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