(Bloomberg) -- Taiwan's 10-year government bonds
fell for a fourth day on speculation a central bank debt sale
this week will reduce spare funds in the financial system. The
currency rose.
The Central Bank of the Republic of China (Taiwan) said
today it plans to auction NT$100 billion ($3 billion) of 364-day
certificates of deposit on June 8, the first offering since May
21. Such sales absorb funds from the money market, leaving
investors with less capital to buy longer-term debt.
Read more at Bloomberg Bonds News
fell for a fourth day on speculation a central bank debt sale
this week will reduce spare funds in the financial system. The
currency rose.
The Central Bank of the Republic of China (Taiwan) said
today it plans to auction NT$100 billion ($3 billion) of 364-day
certificates of deposit on June 8, the first offering since May
21. Such sales absorb funds from the money market, leaving
investors with less capital to buy longer-term debt.
Read more at Bloomberg Bonds News
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