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China interbank bonds likely to correct Thu., OMO eyed

BEIJING
2015-09-17 09:08

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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 due to lack of fresh boost, investors chose to sit on the sidelines awaiting what the central bank would do during its scheduled regular open market operations (OMO) Thursday. On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, crept up 0.0321 percent to 164.9227 points.

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