Interbank bond market review expected

Central bank move aimed at cracking down on insider trading and other irregular transactions

Non-financial institution bond trading accounts will be supervised or closed as part of a review of bond trading in China's interbank market, Liu Shiyu, deputy governor of the People's Bank of China, said on Wednesday.

The central bank is expected to release regulations to tighten controls of the interbank bond market, which will require commercial banks to conduct in-house examinations of their bond trading businesses by the end of this week.