MNI: PBOC Net Injects CNY36.8 Bln via OMO Friday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY93 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY36.8 billion after offsetting maturities of CNY56.2 billion today, according to Wind Information.

• The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.4193% at 09:35 am local time from the close of 1.4842% on Thursday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 49 on Thursday, flat from the close of Wednesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.