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China interbank bonds likely to rise Wed., amid ample liquidity

BEIJING
2015-05-13 09:00

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Bond prices on China's interbank bond market are likely to increase Wednesday amid ample liquidity. Traders noted that the cash supply was ample in the money market after the central bank lowered the benchmark interest rate on Monday, which might further drive up bond prices. On Tuesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, edged 0.1263 percent higher to close at 161.1686 points

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