MNI: PBOC Net Injects CNY69.7 Bln via OMO Thursday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY88.3 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The PBOC conducted another CNY100 billion via 14-day reverse repos. The operation led to a net injection of CNY69.7 billion after offsetting maturities of CNY118.6 billion today, according to Wind Information
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.4053% at 09:36 am local time from the close of 1.4423% on Wednesday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 50 on Wednesday, compared with the close of 48 on Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.