Markets > Bonds

China interbank bonds likely to inch up Fri., amid loose liquidity

BEIJING
2015-07-17 09:09

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Bond prices on China's interbank bond market are likely to rise Friday amid relatively loose liquidity.

Traders noted that though the central bank drained a net 45 billion yuan out of the financial system via this week's open market operations, the liquidity condition still remained relatively loose on the whole, which may add some boosts to the bond market.

On Thursday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, was up 0.0432 percent to 162.7713 points.

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