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MkCHN Exchange T-bonds end up Tue., after PBOC's reverse repo sale

2015-07-28 16:19

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China's stock exchange-traded T-bonds ended up Tuesday after the central bank's reverse repo offering.

The Government Bond Index on the Shanghai Stock Exchange (SSE) closed up 0.06 percent at 150.27 points. Turnover swelled 91.85 percent to 519.92million yuan.

The People's Bank of China, China's central bank, conducted 50 billion yuan worth of 7-day reverse repos in Tuesday's open market operation.

Analysts anticipated that the central bank will continue reverse repos this week in a bid to keep liquidity environment stable, which to some extent drive up bond prices.

SSE Corporate Bond Index ended up 0.04 percent at 189.90 points Tuesday. Turnover withered 5.88 percent to 1.76 billion yuan. SSE-quoted convertibles diverged on Tuesday with 2 advancers and 1 decliner. Shanghai Composite Index slid 1.68 percent to close at 3,663.00 points on the same day.

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