Thursday, June 28, 2007

India, Indonesia, Malaysia, Sri Lanka, Thailand: Asian Local Bond Preview

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

China: Investments by Chinese insurers in stocks and debt
soared 53 percent in the first five months of 2007 from a year
earlier to 1.5 trillion yuan ($197 billion), according to a
statement published on the China Insurance Regulatory
Commission's Web site on June 27. The central bank yesterday
sold 1 billion yuan of three-year bills at a yield of 3.49
percent yield, the same as the previous auction a week earlier.


Read more at Bloomberg Bonds News

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