Bond prices on China's interbank bond market are likely to correct Friday amid liquidity concerns.
Traders noted that due to investors' rising demand for cash at the year-end and next week's IPO subscription, market liquidity was expected to turn tight in the short term, which might to some extent weigh on the bond market.
The People's Bank of China, China's central bank, injected net 10 billion yuan into the financial system via this week's open market operations.
On Thursday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, gained 0.0754 percent to 168.5158 points.
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