MNI: PBOC Net Injects CNY97.2 Bln via OMO Thursday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY190 billion via 7-day reverse repos, with the rate unchanged at 1.40%. The operation led to a net injection of CNY97.2 billion after offsetting maturities of CNY92.8 billion today, according to Wind Information
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.4556% at 09:35 am local time from the close of 1.4904% on Wednesday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 50 on Wednesday, the same as the close on Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.