Thursday, July 5, 2007

China, Philippines, Singapore, Sri Lanka, Taiwan: 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 Agricultural Development Bank of China will sell
10 billion yuan ($1.32 billion) of three-year bonds today. The
nation's trade surplus may have widened by more than 60 percent
to $110 billion in the first half of the year, state-run Xinhua
News Agency said yesterday, citing an unidentified official from
the country's customs bureau.


Read more at Bloomberg Bonds News

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