MNI: PBOC Skips Open Market Operations; Liquidity Unchanged

     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market

operations on Wednesday, leaving liquidity unchanged, according to Wind

Information. 

     - Liquidity in the banking system is reasonable and ample, the PBOC said on

its website.

     - The 7-day weighted average interbank repo rate for depository

institutions (DR007) fell to 2.0302% at 9:23 a.m. local time from the weighted

average of 2.0846% on Tuesday: Wind Information.

     - The CFETS-NEX money-market sentiment index closed at 37 on Tuesday vs 31

on Monday. A higher index indicates increased market expectations for tighter

liquidity.

--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com

--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com

[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]