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Last update: Wed, 31 Aug 2016 03am

Asia

Markets - Fixed Income - Asia

Indian bonds rally ahead of CPI data, central bank governor announcement NEW DELHI: Indian government bonds rallied on Tuesday, with the benchmark 10-year yields at over three-year lows, as investors bet on benign inflation data later in the day and awaited a government announcement on the next central bank governor.The rally also tracked gains in emerging markets this week on a combination of upbeat U.S. data, expectations of more stimulus from global policymakers, and global investors seeking higher returns.Foreign investors bought a net $76 million worth of Indian government debt on Monday, their highest purchase in four sessions, and remained net buyers of debt worth $157.66 million for July, helping send bond yields down 12-15 basis points across the curve.Yield on the 10-year bond maturing in 2026 was at 7.32 percent after falling to 7.31 percent, the lowest ever, earlier in the day. It had closed at 7.38 percent on Monday."Market is punting on a good headline inflation number and coupled ...

Markets - Fixed Income - Asia

JGBs mixed, 20-year yield hits record low as superlongs outperform TOKYO: Benchmark Japanese government bonds slipped on Tuesday but inched off session lows after a solid 10-year auction, while strength in the superlong zone shaved the 20-year yield down to a record low.The Ministry of Finance offered 2.4 trillion yen ($23.50 billion) of 10-year JGBs with a 0.10 percent coupon.The notes sold at a lowest price of 103.47, and drew bids of 3.64 times the amount offered, indicating solid demand though falling a bit short ...

Markets - Fixed Income - Asia

JGB yields rise from record lows ahead of auction TOKYO: Japanese government bond prices firmed on Monday following solid gains in their U.S. counterparts late last week, with two-, five- and 20-year yields hitting record lows before the market gave up gains ahead of a 10-year JGB auction later this week.The 20-year JGB yield fell to as low as 0.035 percent , before stepping back to 0.045 percent, up 0.5 of a basis point from Friday.The five-year yield fell to a record low of ...

Markets - Fixed Income - Asia

China new home price increases slow in June BEIJING: The cost of Chinese new homes rose at a slower rate in June from the previous month, figures showed Friday, as measures to tame prices in the world's second-largest economy took hold.The average price for new houses in 100 major cities increased 1.32 percent month-on-month in June to 11,816 yuan ($1,776) per square metre, the China Index Academy (CIA) said in a statement, down from April's 1.7 percent."The effect of tightening policies in some ...

Markets - Fixed Income - Asia

JGBs edge down, yields pull away from lows TOKYO: Japanese government bonds edged down on Thursday, with yields pulling away from this week's record lows as investors adjusted their positions on the last day of the month.The 10-year yield added 1 basis point to minus 0.230 percent , after notching a record low of minus 0.240 percent in the previous session.September 10-year futures edged down 0.03 point to 152.95 after scaling a record high of 153.01 on Wednesday.The 20-year JGB yield added 2 ...

Markets - Fixed Income - Asia

JGB 10-year yield hits fresh record low, others mixed TOKYO: Yields on Japan's benchmark 10-year government bonds (JGBs) briefly hit a fresh record low on Wednesday as investors looked to safer assets amid uncertainty about the global and financial fallout from Britain's vote to leave the European Union. The 10-year yield was down half a basis points to minus 0.235 percent by mid-afternoon, after earlier plumbing a record low of minus 0.240 percent.September 10-year futures ended up 0.09 point at 152.98 after earlier rising ...

Markets - Fixed Income - Asia

China sells 3-year yuan bonds at 2.9pc in Hong Kong HONG KONG: China sold 14 billion yuan ($2.1 billion) of yuan-denominated offshore bonds in Hong Kong on Wednesday, the eighth consecutive year the Ministry of Finance (MOF) has tapped the market to encourage its development. Bonds of various tenors were offered, among which the largest amount sold was 7 billion yuan of three-year bonds at 2.9 percent, according to the Hong Kong Monetary Authority.The five-year, seven-year, 10-year and 20-year tenors were priced at 3.25 percent, ...