Thursday, July 12, 2007

India, Malaysia, South Korea, Thailand, China: 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: China's central bank yesterday sold 1 billion yuan
($132 million) of three-year fixed rate notes at a coupon of
3.62 percent. It also issued 44 billion yuan in three-month
zero-coupon notes at a discounted price of 99.32 yuan. The
Ministry of Finance will sell 35 billion yuan of three-year
fixed-rate notes today.


Read more at Bloomberg Bonds News

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