China's stock exchange-traded T-bonds ended up Monday on investors' expectations for monetary loosening. The Government Bond Index on the Shanghai Stock Exchange (SSE) closed up 0.02 percent at 148.03 points, and turnover expanded 65.49 percent to 98.32 million yuan.
Trader noted that the market widely expected the central bank might further cut required reserve ratio twice or three times this year in a bid to boost the country's weak economy, which fueled up bond buyers' trading sentiment.
SSE Corporate Bond Index ended down 0.02 percent at 184.41 points Monday. Turnover withered 37.71 percent to 1.14 billion yuan. SSE-quoted convertibles diverged on Monday with 8 advancers, 3 decliners and 1 flat. Shanghai Composite Index added 2.59 percent to close at 3,786.57 points on the same day.
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