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PBOC Injects Net CNY128.5 Billion In MLF Thursday

     BEIJING (MNI) - The People's Bank of China injected CNY298 billion in
one-year medium-term lending facilities (MLF) Thursday, with the rates unchanged
at 3.2%, the PBOC said.
     This resulted in a net injection of CNY128.5 billion for the day, as a
total of CNY169.5 billion of MLF mature today. 
     No reverse repos mature on Thursday.
     The CFETS-ICAP money-market sentiment index ended at 42 on Wednesday, up
from 39 at Tuesday's close. The lower the reading the better the liquidity
conditions in the interbank market.
     The benchmark seven-day repo average was last at 2.6900%, compared with
2.8116% on Monday.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86 (10) 8532-5998; email: rich.dirks@marketnews.com
[TOPICS: MMQPB$,M$A$$$,M$Q$$$,MN$MM$]

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