MNI: PBOC Net Injects CNY68.5 Bln via OMO Tuesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY159.5 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY68.5 billion after offsetting maturities of CNY91 billion today, according to Wind Information
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.4196% at 09:30 am local time from the close of 1.4332% on Monday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 47 on Monday, compared with the close of 50 on Friday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.