MNI: PBOC Net Injects CNY43.5 Bln via OMO Wednesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY43.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY43.5 billion as no reverse matures today, according to Wind Information
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.4030% at 10:02 am local time from the close of 1.4314% on Tuesday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 48 on Tuesday, compared with the close of 45 on Monday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.