China's stock exchange-traded T-bonds ended down Monday, as the bullish equity market triggered investors' risk appetite.
The Government Bond Index on the Shanghai Stock Exchange (SSE) closed down 0.01 percent at 149.07 points. Turnover expanded 4.76 percent to 283.91 million yuan. Traders noted that investors tended to rush into the bullish stock market to make fortune, which exerted a negative impact on bond prices. SSE Corporate Bond Index ended up 0.05 percent at 187.10 points Monday.
Turnover swelled 7.27 percent to 1.77 billion yuan. SSE-quoted convertibles rose across the board on Monday. Shanghai Composite Index gained 3.35 percent to close at 4,813.80 points on the same day.
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