Sunday, June 24, 2007

Taiwan's Bonds Gain on Reduction in Debt Sales; Currency's Advance Stalls

(Bloomberg) -- Taiwan's 10-year bonds rose after
the Ministry of Finance said it will reduce debt sales next
quarter. The island's dollar was little changed.

The government plans to sell NT$80 billion ($2.4 billion)
to NT$90 billion of bonds in the three months to Sept. 30, the
finance ministry said June 23 in a statement on its Web site.
That's less than the NT$110 billion the government sold in the
July-to-September period last year.


Read more at Bloomberg Bonds News

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