02122016Fri
Last update: Fri, 12 Feb 2016 06am

Asia

Markets - Fixed Income - Asia

JGBs edge down in line with weaker Treasuries TOKYO: Japanese government bond prices edged down on Thursday, pressured by an overnight drop in US Treasuries but underpinned by a decent outcome at a 10-year auction.The Ministry of Finance conducted its monthly auction of 10-year JGBs, offering 2.4 trillion yen ($19.76 billion), reopening the current issue with a coupon of 0.4 percent.The lowest accepted price at the auction was 100.76 to yield 0.320 percent, in line with market expectations.The bid-to-cover ratio, a measure of demand, was 2.80 times, down from the last sale's 3.03 times, but the tail between the average and accepted lowest prices narrowed slightly to 0.02 from 0.03 at last month's sale.The yield on the 10-year cash bond was up half a basis point at 0.315 percent, but down from a session high of 0.325 percent.In the superlong zone, the yield on 20-year JGBs was flat at 1.080 percent, while the 30-year JGB yield rose half ...

Markets - Fixed Income - Asia

China finance ministry to auction 10bn yuan of 3-mth bills on Nov. 6 BEIJING: China's Ministry of Finance said on Thursday that it would auction 10 billion yuan of three-month bills on Friday.The bonds would be issued from Nov.6 to Nov. 9 and begin secondary market trading on Nov. 11, it said in a statemen.Copyright Reuters, 2015 ...

Markets - Fixed Income - Asia

China finance ministry to auction 28bn yuan 5-year bonds SHANGHAI: China's Ministry of Finance said on Wednesday that it will auction 28 billion yuan ($4.42 billion) in five-year government bonds next Wednesday.After the auction, the bonds will be issued from Nov. 11 to Nov. 16 and begin secondary market trading on Nov. 18, it said in a statement published on the ministry's website.Copyright Reuters, 2015 ...

Markets - Fixed Income - Asia

Sri Lanka's 10-yr sovereign bond order book exceeds $1bn in Asia COLOMBO: Order book for Sri Lanka's 10-year sovereign bond has already exceeded $1 billion in Asia, while the initial price guidance had remained at around 7 percent, sources close to the deal said on Tuesday.Sri Lanka is selling a 10-year sovereign bond that Standard & Poor's said will raise $1 billion.Sri Lanka, rated B1/B+/BB- (Moody's/S&P/Fitch), has mandated Citigroup, Deutsche Bank, HSBC and Standard Chartered for the offering of US dollar bonds, and these will be ...

Markets - Fixed Income - Asia

Indonesia raises 27.4trn rupiah from sales of retail bonds c JAKARTA: Indonesia's finance ministry said on Monday it raised 27.439 trillion rupiah ($2.03 billion) from retail bonds sold between Sept. 21 to Oct. 15, higher than its target of 20 trillion rupiah. The three-year bonds were sold with a coupon of 9.00 percent per annum, and a two-month minimum holding period. Retail bonds that were sold last year had the same tenure and a coupon of 8.50 percent.A total of 45,298 individuals bought the bonds, ...

Markets - Fixed Income - Asia

Indonesia sells 2.5 trillion rupiah of Islamic bonds, as targeted JAKARTA: Indonesia's finance ministry sold 2.5 trillion rupiah ($175.13 million) of Islamic bonds at an auction, in line with the indicative target, its financing and risk management office said on Tuesday. The weighted average yield of the six-month Islamic T-bill was 6.81351 percent, higher compared with 6.74902 percent at the last auction. The nine-month and 2.3-year project-based sukuk had weighted average yields of 7.51250 percent and 8.31906 percent respectively. The weighted average yield at Tuesday's ...

Markets - Fixed Income - Asia

China finance ministry to auction 30bn yuan 5-year bonds SHANGHAI: China's Ministry of Finance said on Wednesday that it will auction 30 billion yuan ($4.7 billion) in five-year government bonds on Sept. 7. After the auction, the bonds will begin secondary market trading on Sept. 14, it said in a statement published on the ministry's website. Copyright Reuters, 2015 ...