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Monday, December 10, 2012

China's money rates steady, demand centred on 28-day tenor

* C.bank injects 81 bln yuan via reverse repos
* Demand strong for funding across year-end
* Dealers say borrowing conditions to remain loose

By Chen Yixin and Pete Sweeney
SHANGHAI, Dec 11 (Reuters) - China's money rates were little
changed on Tuesday amid ample market liquidity and dealers said
the strongest demand was for longer-term funds that could help
meet cash shortfalls across the year-end.
The central bank injected a total of 81 billion yuan ($12.97
billion) into t

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