All
 

 

Just in:  

You are here: Home»Markets»Fixed Income»Asia

Asia

Archive

South Korea won pares losses on exporters, rate cut; bonds fall  SEOUL: The South Korean won pared early morning losses and ticked higher at the end of onshore trade on Thursday, as traders cut heavy dollar holdings and local exporters sold greenbacks.   The local currency was quoted at 1,114.3 against the dollar at the end of domestic trade on Thursday, barely higher than Wednesday's close at 1,114.6, reflecting the market's subdued reaction to the Bank of Korea's interest rate cut.   The won started reversing losses after the Bank of Korea's monetary policy committee decided to cut interest rates by 25 basis points to 2.75 percent, bringing the rate to its lowest since early March last year.   Market participants said long dollar positions were cut after the rate decision and the central bank governor's press conference that followed as most players were disappointed at the lack of market reaction.    "The won falling to 1,117 early on was probably on dollar-long positions hoping for some reaction from ...

China SHANGHAI: China's Ministry of Railways on Thursday auctioned 25 billion yuan ($4 billion) of seven-year and 20-year bonds at yields of 4.57 percent and 5.16 percent, respectively, traders said.    The ministry sold 10 billion yuan of 7-year bonds and 15 billion yuan of 20-year bonds.   The bonds are part of the ministry's quota to issue 150 billion yuan in corporate bonds this year to fund the expansion of China's railway network. It has so far sold 130 ...
India MUMBAI: India's Housing Development Finance Corp plans to raise up to 10 billion rupees ($189.30 million) through five-year bonds with a put option at the end of 13-months at 9 percent, a source with direct knowledge of the matter said on Wednesday.   The base size of the issue is 7.5 billion rupees with a greenshoe of 2.5 billion rupees, the source said.   Axis Bank is the sole arranger to the deal, the source said. Copyright Reuters, 2012 ...
South Korea bonds rally on BoK rate cut hopes; won falls  SEOUL: South Korean bonds rallied across the board on Wednesday, with yields on all major government treasury bonds ending below the Bank of Korea's base rate on expecations that the central bank will ease policy at its rate meeting on Thursday.   Yields on the benchmark five-year treasury bonds and three-year treasury bonds fell five basis points each to end at record lows.   Yields on 10-year, 20-year and 30-year debt also fell to record lows and below the ...
Spanish yields rise before debt placement  LONDON: Spanish government bond yields rose on Wednesday, driven by upcoming supply and persistent uncertainty over whether the country will seek an international bailout to tackle its debt problems.   The 10-year yield rose 9 basis points on the day to 5.93 percent, adding to gains of a similar magnitude seen in the previous session and closing in on the closely-watched 6 percent level.   Between Oct. 11 and Oct. 17, Spain will carry out a 4.86 billion euro ...
LME copper SINGAPORE: A bearish target at $8,040 per tonne has been resumed for LME copper as it has fallen below a support at $8,170 again.   Support is at the 61.8 percent Fibonacci projection level of a downward wave (c). It has triggered a moderate rebound, which has interrupted the progress of this wave and made signals temporarily neutral.   As this support was broken again, it is confirmed that the wave (c) has resumed towards $8,040, its 100 percent ...
China finance ministry sells 7-year bonds at 3.4180pc, within forecasts  SHANGHAI: China's Ministry of Finance auctioned 26 billion yuan ($4.13 billion) of seven-year bonds in the interbank market on Wednesday at an average yield of 3.4180 percent, traders said, in line with market expectations.   Market forecasts had centred around 3.42 percent and ranged from 3.38 to 3.46 percent.   The auction yield came in below Tuesday's indicative secondary market bid yield of 3.4273 percent for seven-year government bonds.   Copyright Reuters, 2012 ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln