05252016Wed
Last update: Wed, 25 May 2016 08am

Asia

Markets - Fixed Income - Asia

South Korea to sell net 45.9trn won in t-bonds in 2016 SEOUL: South Korea said on Tuesday it plans to sell 45.9 trillion won ($39.05 billion) worth of treasury bonds next year versus 51.7 trillion won planned for this year.The finance ministry said in a statement net treasury bond sales will be smaller next year than 2015 to prevent budget shortfall. Demand for South Korean treasury bonds is expected to be robust like this year, the ministry said.Copyright Reuters, 2015 ...

Markets - Fixed Income - Asia

JGBs largely firmer, 2-year sale well received TOKYO: Japanese government bond prices were mostly firmer on Tuesday thanks to wobbly Tokyo shares and a well-received two-year debt auction.The two-year yield was unchanged at -0.040 percent , the benchmark 10-year yield rose half a basis point to 0.275 percent and the 40-year yield fell a basis point to 1.380 percent.The two-year yield has spent much of the past six weeks below zero percent, hitting a record low of -0.060 percent last week, driven ...

Markets - Fixed Income - Asia

JGBs steady at lofty levels as stocks slump TOKYO: Japanese government bonds were firm on Monday in line with slumping equities, while the longer zones extended gains made on Friday after the Bank of Japan pledged to increase the average remaining maturity of its JGB portfolio.The benchmark 10-year JGB yield was flat at 0.265 percent, its lowest level since January. March 10-year JGB futures were last nearly flat, down 0.02 point at 149.04, after they hit a record high of 149.18 on Friday.The ...

Markets - Fixed Income - Asia

JGBs rise after BOJ extends portfolio duration TOKYO: Japanese government bond prices rose on Friday, with the longer zones outperforming after the Bank of Japan said it plans to increase the average remaining maturity of its JGB holdings. The BOJ kept intact its policy target of increasing base money - or cash and deposits in circulation - at an annual pace of 80 trillion yen ($655 billion), and said it would extend the average remaining maturity of its JGB purchases to about ...

Markets - Fixed Income - Asia

Sri Lankan rupee hits record low on year-end payments, importer dollar demand COLOMBO: The Sri Lankan rupee hit a record low on Monday due to dollar demand from importers and for dividend payouts by multinational firms, dealers said. The rupee fell 0.35 percent to 143.65 per dollar during the day, extending its decline from the previous record trough of 143.40 hit on Friday. The currency ended at 143.60/80 per dollar compared with Friday's close of 143.35/40. "Some companies bought dollars to pay dividend and for other payments," ...

Markets - Fixed Income - Asia

China November investment growth unchanged at 10.2pc BEIJING: China's fixed-asset investment growth was flat at 10.2 percent year-on-year in the January-November period, slightly beating market expectations.Analysts polled by Reuters predicted investment growth would come in at 10.1 percent, compared with 10.2 percent posted the prior month. Industrial output growth quickened to 6.2 percent in November, the National Bureau of Statistics said on Saturday, surprising analysts who expected a rise of 5.6 percent on an annual basis, from the same level of growth ...

Markets - Fixed Income - Asia

China Nov property investment slows further, sales improve BEIJING: Annual growth in real estate investment in China slowed further in November even though sales improved slightly, official data showed on Saturday, suggesting persistent weakness in the property market could undermine a fragile economic recovery.Property investment, a crucial driver of the economy, grew 1.3 percent in the first 11 months of 2015 from a year earlier, slowing from an increase of 2.0 percent in January-October, data from the National Bureau of Statistics(NBS) showed. That ...