Tuesday, July 10, 2007

China, Indonesia, Philippines, Taiwan, Thailand: Asia Local Bond Preview

(Bloomberg) -- The following events and economic
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.

China: The central bank sold 10 billion ($1.3 billion) yuan
of one-year zero-coupon bonds at a yield of 3.0928 percent
yesterday. China Development Bank will auction 20 billion yuan of
10-year floating rate bonds today. The Ministry of Finance will
sell 35 billion yuan of three-year fixed-rate notes on July 13.


Read more at Bloomberg Bonds News

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