China's stock exchange-traded T-bonds ended up Tuesday after the central bank suspended open market operations. The Government Bond Index on the Shanghai Stock Exchange (SSE) closed up 0.11 percent at 149.02 points, and turnover shrank 21.02 percent to 270.12 million yuan.
The People's Bank of China, China's central bank, continued to suspend open market operations (OMO) on Tuesday for the seventh straight routine session on Tuesday. Traders noted that the liquidity conditions remained loose after the central bank's latest interest rate cut, which further provided support to bond prices.
SSE Corporate Bond Index ended up 0.06 percent at 186.28 points Tuesday. Turnover withered 7.1 percent to 1.81 billion yuan. SSE-quoted convertibles diverged on Tuesday with 5 advancers, 1 decliner and 1 flat. Shanghai Composite Index gained 1.56 percent to close at 4,401.22 points on the same day.
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