MNI: PBOC Net Injects CNY67.5 Bln via OMO Friday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY202.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY67.5 billion after offsetting the maturity of CNY135 reverse repo today, according to Wind Information.
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.4841% at 09:40 am local time from the close of 1.5386% on Thursday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 49 on Thursday, compared with the close of 47 on Wednesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.