Markets > Bonds

China interbank bonds likely to rise Fri., on seesaw effect

BEIJING
2016-01-08 09:09

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Bond prices on China's interbank bond market are likely to go up Friday on seesaw effect. Traders noted that investors tended to rush into local bond market after Chinese stocks plunged by more than 7 percent on Thursday, the second time the circuit breakers were tripped this week. On Thursday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, gained 0.0934 percent to close at 169.8375 points .

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