MNI: PBOC Net Injects CNY137.8 Bln via OMO Monday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY137.8 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY137.8 billion as no reverse matures today, according to Wind Information
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.4404% at 09:50 am local time from the close of 1.3945% on Friday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 46 on Monday, compared with the close of 47 on Saturday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.