Thursday, June 28, 2007

Thailand's 10-Year Bonds Head for Weekly Decline as Debt Sales Increase

(Bloomberg) -- Thailand's bonds headed for a weekly
decline on concern investors will demand higher returns to buy
new debt the government is selling. The baht was little changed.

The yield on benchmark 10-year notes has risen 20 basis
points this week as the Bank of Thailand said it plans to sell
as much as 80 billion baht ($2.3 billion) of five-year bonds
this year.


Read more at Bloomberg Bonds News

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