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PBOC Injects CNY40 Bln In OMOs Thursday; Liquidity Unchanged

     BEIJING (MNI) - The People's Bank of China injected CNY20 billion in
seven-day reverse repos, CNY10 billion in 14-day reverse repos and CNY10 billion
in 63-day reverse repos via open-market operations Thursday, Wind Information, a
Shanghai-based financial data provider, said.
     This resulted in a net zero injection/drain for the day, as a total of
CNY40 billion in reverse repos mature on Thursday. 
     The CFETS-ICAP money-market sentiment index ended at 47 on Wednesday, up
from 43 at Tuesday's close. The lower the reading the better the liquidity
conditions in the interbank market.
     The PBOC is expected to make an official announcement on its official
website about this morning's OMO around 9:45a.m., Beijing time.
     The benchmark seven-day repo average was last at 2.6575%, compared with
2.8037% on Wednesday.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI BEIJING Bureau; +1 202-371-2121; email: john.carter@mni-news.com
[TOPICS: MMQPB$,M$A$$$,M$Q$$$,MN$MM$]

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