Markets > Bonds

Mkt Watch: China interbank bonds likely to correct Tue., OMO eyed

BEIJING
2015-08-11 08:53

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Bond prices on China's interbank bond market are likely to correct Tuesday, as investors are keeping a close eye on the results of open market operations (OMOs).

Traders note that as there lacks fresh policy stimulus, investors are focusing on Tuesday's routine open market operations, hoping to find out more trading clues. On Monday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, stepped up 0.0464 percent to 163.9849 points.

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