02102016Wed
Last update: Wed, 10 Feb 2016 03pm

Asia

Markets - Fixed Income - Asia

Bonds rise after Fed reaffirms bond-buying plans TOKYO: US 10-year Treasuries gained in Asian trading on Thursday, after the Federal Reserve reaffirmed its commitment to continue buying bonds and as investors awaited Friday's key US jobs report.The Fed said on Wednesday that it would keep to its bond purchasing, citing growth risks from recent US government budget tightening and still-high unemployment.The US central bank currently buys $85 billion of longer dated US Treasuries and mortgage-backed bonds every month.The non-farm payrolls report for April is scheduled for release on Friday. The median expectation of economists polled by Reuters is that employers added 145,000 jobs last month.But on Wednesday, an industry report said the pace of US manufacturing growth slowed in April. The Institute for Supply Management said its index of national factory activity fell to 50.7 from 51.3 in March, and its employment index fell to 50.2 from 54.2.The ADP National Employment Report also released on Wednesday showed ...

Markets - Fixed Income - Asia

JGBs slip ahead of Wednesday's 10-year auction TOKYO: Japanese government bond prices slipped on Tuesday, as investors made room in their portfolios to buy at the next day's 10-year sale in a holiday-shortened trading week.The Bank of Japan also offered to buy JGBs outright in its regular asset-purchasing operations.The central bank said it will buy up to 200 billion yen ($2.04 billion) of notes with residual maturities of more than 1 year and up to 3 years, and an additional 400 billion ...

Markets - Fixed Income - Asia

JGBs steady as BoJ announces buying operation TOKYO: Benchmark 10-year Japanese government bonds were steady on Wednesday, as the Bank of Japan announced the latest round of purchases under its new stimulus scheme.The BoJ offered to buy 500 billion yen ($5.03 billion) in JGBs outright on Friday, with residual maturities of more than 5 years and up to 10 years, and another 500 billion yen with residual maturities of more than 1 year and up to 5 years."Trading activity has been thin ...

Markets - Fixed Income - Asia

JGBs rise, superlongs outperform after 20-year sale TOKYO: Japanese government bond prices gained on Friday, with the superlong sector continuing to outperform after this week's smooth 20-year sale and as market participants welcomed the Bank of Japan's change to its bond-buying operations.The BoJ said late on Thursday that it will increase the frequency of its JGB purchases to eight times a month from six, while keeping its planned total amount of monthly purchases at its initially announced 7.5 trillion yen ($76.36 billion).The ...

Markets - Fixed Income - Asia

Details of India's 2042 bond auction results: central bank MUMBAI: RBI says receives 144 bids for 116.01 bn rupees at 2042 bond auction * Accepts 21 bids for 29.82 bn rupees at 2042 bond auction Partial allotment of 69.09 pct on 3 bids at 2042 bond auctionAccepts all 5 non-competitive bids for 177.9 mn rupees at 2042 bond auction Copyright Reuters, 2013 ...

Markets - Fixed Income - Asia

JGBs rise across the curve after smooth 20-year auction TOKYO: Japanese government bond prices rose on Thursday, getting a lift from a downturn in investors' appetite for risk and relief from a smooth sale of 1.2 trillion yen worth of 20-year debt.On Wednesday evening, the Bank of Japan held its second meeting with JGB market participants to discuss its new monetary policy framework unveiled on April 4, under which it will double its bond purchases in two years in a bid to defeat deflation.A ...

Markets - Fixed Income - Asia

Turkish bond yields steady ahead of rate decision ISTANBUL: Turkish two-year bond yields were steady and the lira firmed slightly ahead of a central bank meeting on Tuesday at which it is expected to cut its main policy rate.By 1456 GMT, the yield on the two-year benchmark bond stood at 5.75 percent, little changed from a close of 5.73 percent on Friday and trading in a narrow band.Expectations of a cut in rates at Tuesday's meeting, allied to hopes of further improvement in ...