Bond prices on China's interbank bond market are likely to correct Monday amid higher funding costs. Traders noted that capital prices in the money market spiked last week due to a slew of initial public offerings and investors' rising demand for cash at the end of the half year, which might to some extent weigh on bond prices On Friday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, ticked up 0.009 percent to 161.9281 points.
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