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China interbank bonds likely to correct Tue., OMO eyed

BEIJING
2015-11-17 09:09

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Bond prices on China's interbank bond market are likely to correct Tuesday, with the central bank's open market operation in focus. Traders noted that due to the resumption of initial public offerings (IPO) in near term, investors are keeping a close eye on the Tuesday's open market operations (OMOs) in a bid to detect clues about the liquidity outlook. On Monday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, ticked up 0.0171 percent to 166.7296 points.

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