MNI: PBOC Net Injects CNY159.5 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY455.4 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY159.5 billion after offsetting the maturity of CNY295.9 billion today, according to Wind Information.
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.8292% at 10:00 am local time from the close of 1.9062% on Tuesday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 46 on Tuesday, compared with the close of 48 on Monday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.