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China interbank bonds likely to increase Fri., amid sufficient liquidity

BEIJING
2015-05-15 09:16

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Bond prices on China's interbank bond market are likely to rise Friday amid sufficient liquidity. Traders noted that local interbank market was filled with ample liquidity flows after the central bank's latest interest rate cut, which might further shore up bond prices.

The People's Bank of China, China's central bank, continued to suspend its open market operations (OMO) this week for the fourth straight week in a row. On Thursday, 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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