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MNI: PBOC Skips Open Market Operations; Liquidity Unchanged

     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations for the second day on Thursday, leaving liquidity unchanged as no
instrument matured, according to Wind Information.
     - The total liquidity in the banking system is relatively high, PBOC said. 
     - The 7-day weighted average interbank repo rate for depository
institutions (DR007) rose to 2.6500% at 9:26 a.m. local time from the weighted
average of 2.3639% on Wednesday: Wind Information.
     - The CFETS-NEX money-market sentiment index closed at 47 on Wednesday vs
35 on Tuesday. A lower index indicates reduced market expectations for tighter
--MNI Beijing Bureau; +86 (10) 8532-5998; email:
--MNI Sydney Bureau; +61 405322399; email:
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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