China's stock exchange-traded T-bonds ended up Monday amid relaxed liquidity. The Government Bond Index on the Shanghai Stock Exchange (SSE) closed up 0.04 percent at 148.58 points, and turnover shrank 69.96 percent to 61.88 million yuan.
Trader noted that capital prices in the money market continued to edge down on Monday after May Day holiday, which provided a support to bond prices. In last week, the People's Bank of China, China's central bank, neither injected nor drained capital from the financial system through its open market operation.
SSE Corporate Bond Index ended up 0.07 percent at 185.72 points Monday. Turnover withered 11.38 percent to 1.09 billion yuan. SSE-quoted convertibles diverged on Monday with 2 advancers, 5 decliners and 4 flat. Shanghai Composite Index gained 0.87 percent to close at 4,480.46 points on the same day.
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