Bond prices on China's interbank bond market are likely to correct Thursday amid wait-and-see sentiment.
Traders noted that a new round of initial public offering will start subscription on Friday, which might to some extent tighten the liquidity condition in the financial market. Investors still chose to sit on the sidelines awaiting what the central bank will do during its regular open market operations on Thursday.
On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, squirmed down 0.0016 percent to 161.9554 points.
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