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PBOC Injects Net CNY100 Bln at OMOs Thursday

     BEIJING (MNI) - The People's Bank of China injected CNY60 billion in
seven-day reverse repos, CNY30 billion in 14-day reverse repos and CNY10 billion
in 28-day reverse repos via open-market operations Thursday, Shanghai-based
financial data provider Wind Information said.
     This resulted in a net injection of CNY100 billion for the day. No reverse
repos mature Thursday. 
     Today is the first day since Aug. 29 the PBOC has injected liquidity via
open-market operations.
     The CFETS-ICAP money-market sentiment index ended at 44 Wednesday compared
with 45 at Tuesday's close. The lower the reading the better interbank market
liquidity.
     The PBOC is expected to make an official announcement on its website about
this morning's OMO around 9:45a.m. Beijing time.
     The benchmark seven-day repo average was last at 2.6706% compared with
2.8271% Wednesday.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
[TOPICS: MMQPB$,M$A$$$,M$Q$$$,MN$MM$]

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