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CHN Exchange T-bonds end up Wed., amid ample liquidity

BEIJING
2015-10-28 15:50

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China's stock exchange-traded T-bonds ended up Wednesday amid ample market liquidity.

The Government Bond Index on the Shanghai Stock Exchange (SSE) closed up 0.02 percent at 152.78 points.

Turnover withered 27.01 percent to 247.45 million yuan. Traders noted that the liquidity condition in the banking system got further improved after the central bank lowered the yield of 7-day reverse repos by 10 basis points (bp) to 2.25 percent via its open market operations on Tuesday, which provided a support to bond prices. SSE Corporate Bond Index ended up 0.04 percent at 194.37 points Wednesday.

Turnover expanded 5.7 percent to 3.34 billion yuan. Shanghai Composite Index slid 1.72 percent to close at 3,375.20 points on the same day.

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