02122016Fri
Last update: Fri, 12 Feb 2016 09pm

Asia

Markets - Fixed Income - Asia

JGBs firm, expectations of BOJ easing support TOKYO: Japanese government bond prices were firm on Monday, helped by expectations that the Bank of Japan could expand its massive bond-buying programme further as soon as this week. The 10-year JGB yield fell 1 basis point to 0.220 percent , while the 30-year yield fell 0.5 basis point to 1.175 percent, near one-year low of 1.170 percent touched earlier this month.In the futures market, the benchmark 10-year JGB futures rose 0.05 point to 149.51.Bumpy stock markets worldwide and the yen's strength since the start of year are raising speculation that the BOJ may consider additional easing steps as early as its next meeting ending on Friday.Such expectations underpinned super-long bonds, such as 30-year bonds, which are considered to have further room for the BOJ's additional purchase.Copyright Reuters, 2016 ...

Markets - Fixed Income - Asia

JGBs inch down on profit-taking, investors wary of low yields TOKYO: Japanese government bonds prices eased on Thursday as buyers retreated to the sidelines on near record low yields, while some investors took profits possibly to make up for losses they made on stocks and other investment.The 10-year JGB yield rose 1.5 basis points to 0.225 percent , while the five-year yield rose 0.5 basis point to minus 0.010 percent.The 10-year yield had hit a record low of 0.190 percent on worries about the global ...

Markets - Fixed Income - Asia

JGBs edge off session lows as shares slump TOKYO: Japanese government bonds edged slightly down on Wednesday ahead of the next day's 20-year auction, but moved off their session lows as a slump in equities lent appeal to safe-haven government debt.The Nikkei stock index was down 2.7 percent in afternoon trade.The benchmark 10-year yield inched half a basis point higher to 0.215 percent, though it remained close to a record low of 0.190 percent touched last week and it pulled away from a ...

Markets - Fixed Income - Asia

JGBs slip as risk appetite improves on China GDP news TOKYO: Japanese government bonds slipped on Tuesday as regional risk appetite improved after Chinese economic figures came out in line with expectations, though decent demand at a sale of 5-year notes kept losses in check.China's economy grew 6.8 percent in the fourth quarter from a year earlier, the data showed, the slowest growth since 2009, though not as bad as some had feared.Industrial output in December rose 5.9 percent from a year earlier, compared with ...

Markets - Fixed Income - Asia

India's gold bonds seen luring investors in search of safe haven MUMBAI: The second tranche of India's sovereign gold bonds, whose sale began on Monday, is likely to draw good response from investors, as they are priced below market rates for the metal and sharemarket turmoil spurs investors to diversify holdings.India plans to sell 150 billion rupees ($2.22 billion) in gold bonds in the fiscal year ending on March 31, as it seeks to wean investors off physical gold and contain the outflow of foreign exchange ...

Markets - Fixed Income - Asia

China approves $383bn worth of fixed asset investment in 2015 BEIJING: China approved 280 fixed asset investment projects worth 2.52 trillion yuan ($383.44 billion) in 2015, Li Pumin, the spokesman for the National Reform and Development Commission said on Tuesday.China also approved 32 projects worth 515.1 billion yuan in December, he said at a press conference in Beijing.Copyright Reuters, 2016 ...

Markets - Fixed Income - Asia

Islamic sukuk dive over Malaysia, low oil price: S&P DUBAI: The value of Islamic sukuk bonds dropped sharply last year after Malaysia stopped issuing them and as oil prices continued their fall, the Standard & Poor's rating agency said Wednesday.The trend is expected to continue in 2016 as the main countries using the Islamic form of debt, especially in the Gulf, are switching to conventional bonds, an S&P report said.It said sukuk worth $63.5 billion (59 billion euros) were issued in 2015 compared with ...