Monday, June 11, 2007

China, India, Thailand, South Korea, Indonesia: Asia Local Bond Preview

(Bloomberg) -- The following events and economic
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.

China: consumer prices gained 3.3 percent in May from a
year earlier, according to the median estimate of 19 economists
surveyed by Bloomberg News before a government report today.
April's inflation rate was 3 percent, matching the central
bank's 2007 target. China Development Bank sold 20 billion yuan
($2.6 billion) of five-year bonds at a higher-than-expected
yield of 4 percent yesterday.


Read more at Bloomberg Bonds News

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