Sunday, June 3, 2007

India, Indonesia, South Korea, 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 government will sell as much as 15 billion yuan
($1.96 billion) of two-year savings bonds at a yield of 3.42
percent on June 11. Manufacturing activity rose the most in more
than two years in May, a report showed on June 1. The Purchasing
Managers' Index climbed to 54.1 from 53.3 in April, according to
Hong-based CLSA Asia Pacific Markets.


Read more at Bloomberg Bonds News

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