Tuesday, July 17, 2007

China, India, Indonesia, South Korea, Malaysia: 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 8 billion yuan ($1.05 billion)
of 1-year discounting note yesterday, yielding 3.0928 percent,
the same as the similar-maturity bills it sold last week. China
Agricultural Development Bank auctioned 10 billion yuan of five-
year floating rate notes yesterday. Major economic data in June,
including the consumer prices index, will be released on July 19,
according to the Bureau of Statistics.


Read more at Bloomberg Bonds News

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