Bond prices on China's interbank bond market are likely to increase Saturday on investors' rising expectation of a required reserve ratio (RRR) cut after 5-year T-bond futures surge across the board.
On Friday, three 5-year T-bond futures contracts, respectively coded TF1512, TF1603 and TF1606, notched 0.64-0.79 percent gains by closing time, triggering investors' expectation for a RRR cut over the weekend.
On Friday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, strode up 0.137 percent to 165.7621 points.
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