Japan's Bonds Rise on Expectations 11-Month High Coupon to Lure Investors

(Bloomberg) -- Japan's 10-year government bonds
advanced on speculation the highest coupon in 11 months will
attract investors to an auction of the debt today.

The finance ministry set a 1.9 percent coupon on the 1.9
trillion yen ($15.5 billion) of new securities, the biggest
payout since August. The ministry accepted bids until noon and
will announce results of the sale at 12:45 p.m. in Tokyo.


Read more at Bloomberg Bonds News

Taiwan's Bonds Advance on Speculation Central Bank Stopped Buying Currency

(Bloomberg) -- Taiwan's 10-year government bonds rose
for a second day on speculation the central bank stopped buying
the currency, leaving more money in the financial system.

The interest rate for overnight loans between lenders was set
for the lowest close in more than two weeks after the central bank
refrained from buying the local dollar in the foreign-exchange
market this month, said Ernest Lee, a Taipei-based bond trader at
Mega Securities Co. Lower money-market rates make it cheaper for
investors to buy bonds with borrowed money, he said.


Read more at Bloomberg Bonds News

Japan's 10-Year Government Bonds Decline; Yields Trade at Seven-Month High

(Bloomberg) -- Japan's 10-year government bonds
declined, pushing yields to the highest in more than seven months.

The yield on the 1.8 percent bond due in June 2017 gained 1.5
basis points to 1.85 percent as of 10:04 a.m. in Tokyo at Japan
Bond Trading Co., the nation's largest interdealer debt broker.
The level is the highest for 10-year yields since Oct. 24. A basis
point is 0.01 percentage point.


Read more at Bloomberg Bonds News

Taiwan's 10-Year Government Bonds Fall Before Debt Sale; Currency Advances

(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