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China interbank bonds likely to correct Thu., OMO eyed

BEIJING
2015-10-22 09:00

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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 chose to sit on the sidelines awaiting what the central bank would do during its scheduled regular open market operations (OMO) on Thursday in a bid to find out more trading clues. On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, rose 0.0425 percent to 166.5658 points.

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