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China interbank bonds likely to correct Fri., amid liquidity concerns

BEIJING
2015-11-20 09:19

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Bond prices on China's interbank bond market are likely to correct Friday amid liquidity concerns.

Traders noted that the liquidity condition in the financial system might tend to be tight due to the pending resumption of initial public offerings (IPO), which might to some extent press down bond prices.

On Thursday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, ended down 0.0207 percent at 166.7036 points.

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