(Bloomberg) -- The following events and economic
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.
China: China Agricultural Development Bank will sell 10
billion yuan ($1.3 billion) of five-year floating rate notes
tomorrow. The interest rate will be based on the one-year
deposit rate of 3.06 percent plus a spread that is to be
auctioned. The central bank sold 101 billion yuan of three-year
fixed rate notes on July 13 at a coupon of 3.6 percent. The
Ministry of Finance sold 38.38 billion yuan of three-year notes
at a coupon of 3.53 percent.
Read more at Bloomberg Bonds News
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.
China: China Agricultural Development Bank will sell 10
billion yuan ($1.3 billion) of five-year floating rate notes
tomorrow. The interest rate will be based on the one-year
deposit rate of 3.06 percent plus a spread that is to be
auctioned. The central bank sold 101 billion yuan of three-year
fixed rate notes on July 13 at a coupon of 3.6 percent. The
Ministry of Finance sold 38.38 billion yuan of three-year notes
at a coupon of 3.53 percent.
Read more at Bloomberg Bonds News
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