Bond prices on China's interbank bond market are likely to increase Wednesday amid relatively stable liquidity.
Traders noted that the liquidity condition in the financial system still remained relatively stable after the central bank adopted multiple policy instruments such as reverse repos and medium-term lending facility (MLF) in a bid to smooth market liquidity, which might further provide a support to bond prices.
On Tuesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, gained 0.129 percent to close at 169.3288 points.
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