The paper investigates a significant influence of transients on steady states in a matrix converter with the one-periodic control strategy. Proposed controller can be used as an interconnection device within a power system for a power flow control. However, the presence of inductances in external systems has the significant influence on steady state of a matrix converter operation. The special current injection method has been developed to ensure a proper operation of a matrix converter. Presented analysis of steady states is carried out in a frequency domain using the harmonic balance method. Obtained numerical results, which are confirmed by a time domain analysis, prove the effectiveness of the proposed method.