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China interbank bonds likely to correct Thu., OMO eyed

BEIJING
2015-10-29 08:56

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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.

The People's Bank of China, China's central bank, gauged banks' demand for reverse repos , repos and 3-month bills on Wednesday.

Traders noted that investors are keeping a close watch on Tuesday's open market operations, hoping to find out more trading tips.

On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, gained 0.079 percent to 167.3527 points.

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