Markets > Bonds

China interbank bonds likely to buoy Mon., amid lower funding costs

BEIJING
2015-07-20 09:09

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Bond prices on China's interbank bond market are likely to increase Monday amid lower funding costs. Traders noted that capital prices still hovered at a relatively low level after the People's Bank of China, China's central bank, continued to offer reverse repo sales via its routine open market operations. On Friday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, gained 0.0477 percent to 162.8489 points.

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