(MENAFN) On Tuesday, the China Foreign Exchange Trade System (CFETS) released data indicating that China's interbank treasury bond index in net price commenced trading at 1,022.73 points. This represented a slight uptick from the previous closing level of 1,022.22 points, reflecting ongoing activity and sentiment within the interbank bond market.
The interbank treasury bond index plays a crucial role as a barometer of real-time trading dynamics within China's interbank bond market. As a key benchmark, it offers valuable insights into the prevailing market conditions and investor sentiment toward treasury bonds.
It's noteworthy that the index's trading session typically begins at 9 a.m. on each workday and continues until the market closes at 5 p.m. Throughout this trading window, the index is updated at five-minute intervals, providing market participants with timely and relevant information regarding treasury bond prices and fluctuations.
This meticulous updating process ensures that investors have access to up-to-date and accurate data, enabling them to make informed decisions based on the latest market developments. Overall, the interbank treasury bond index serves as a vital tool for investors, analysts, and policymakers alike, contributing to the transparency and efficiency of China's bond market.
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