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MNI: PBOC Skips OMOs; No Reverse Repos Mature Today

     BEIJING (MNI) - The PBOC skipped open market operations (OMO) on Wednesday,
stating on its website that steady increase of month-end fiscal expenses can
offset the liquidity drain due to local government bond issuance. No reverse
repos matured today.
- First OMO since Aug 14;
- CFETS-ICAP's money-market sentiment index closed at 36 on Tuesday, down from
38 on Monday;
- Benchmark 7-day deposit repo average dropped to 2.6510% from 2.6632% 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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