China's stock exchange-traded T-bonds ended down Tuesday amid liquidity concerns. The Government Bond Index on the Shanghai Stock Exchange (SSE) closed down 0.04 percent at 147.97 points, and turnover swelled 161.83 percent to 257.43 million yuan.
Trader noted that capital prices in the money market were expected to edge up in the future due to the pending Chinese enterprises' tax payments and a new round of initial public offerings, which darkened investors' liquidity prospects and weighed on bond prices.
SSE Corporate Bond Index ended up 0.02 percent at 184.45 points Tuesday. Turnover expanded 19.30 percent to 1.36 billion yuan. SSE-quoted convertibles slumped on Tuesday with 11 decliners and 1 flat. Shanghai Composite Index fell 1.02 percent to close at 3,747.90 points on the same day.
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