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China interbank bonds likely to correct Wed., on liquidity concerns

BEIJING
2015-05-27 09:08

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Bond prices on China's interbank bond market are likely to correct Wednesday on liquidity concerns. Traders noted that due to the month-end factors and a new wave of initial public offerings (IPOs), investors were concerned that the cash supply might turn to be tight in the future, which may cast a pall over the bond market. On Tuesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, shed 0.075 percent to 161.8414 points.

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