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

2015-03-30 09:00

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Bond prices on China's interbank bond market are likely to correct Monday amid liquidity concerns Traders noted that investors were worrying about liquidity outlook when the quarter-end approaches, which might further weigh on bond prices.

In last week, the People's Bank of China (PBOC), China's central bank, resumed net capital injection by pumping 10 billion yuan into the banking system after a 4-week long capital draining. On last Friday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, went down 0.107 percent to 158.772 points.

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