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Mkt Watch: China interbank bonds likely to correct Tue., OMO eyed

BEIJING
2015-12-22 09:00

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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 investors were keeping a close eye on the Tuesday's open market operations (OMOs) in a bid to detect more clues about the liquidity outlook when the year-end approaches.

On Monday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, added 0.2304 percent to close at 169.1106 points.

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