Monday, July 23, 2007

India, Indonesia, Malaysia, Taiwan, Thailand: Asia Local Bond Preview

(Bloomberg) -- The following events and economic
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.

China: The government will further tighten monetary policy
after increasing lending and deposit rates last week, Hong Kong
Monetary Authority Chief Executive Joseph Yam said on Hong Kong
Commercial Broadcasting radio yesterday. Yam urged investors to
be careful as financial markets are growing more turbulent, the
broadcaster reported. The government will sell 28 billion yuan
($3.7 billion) of six-month notes tomorrow.


Read more at Bloomberg Bonds News

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