Markets > Bonds

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

BEIJING
2015-08-13 09:04

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Bond prices on China's interbank bond market are likely to correct Thursday, with the central bank's open market operation in focus.

Traders noted that investors still chose to sit on the sidelines awaiting what the central bank would do during its scheduled regular open market operations (OMO) Thursday after yuan's sharp depreciation.

On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, lost 0.0577 percent to 163.649 points.

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