(Bloomberg) -- The following events and economic
reports may influence Asian local-currency bonds today. Yields
are from the previous session.
China: China Development Bank will sell 20 billion yuan
($2.63 billion) of floating-rate one-year bonds on July 4. The
economy may grow 10.8 percent in 2007 from a year earlier, the
fastest since 1995, the central bank said in a report published
in the China Securities Journal on June 29. Inflation may
quicken to 3.2 percent, the report said. Lawmakers last week
approved a 1.55 trillion yuan sale of government bonds to set up
a fund to seek higher returns on the nation's currency reserves.
Read more at Bloomberg Bonds News
reports may influence Asian local-currency bonds today. Yields
are from the previous session.
China: China Development Bank will sell 20 billion yuan
($2.63 billion) of floating-rate one-year bonds on July 4. The
economy may grow 10.8 percent in 2007 from a year earlier, the
fastest since 1995, the central bank said in a report published
in the China Securities Journal on June 29. Inflation may
quicken to 3.2 percent, the report said. Lawmakers last week
approved a 1.55 trillion yuan sale of government bonds to set up
a fund to seek higher returns on the nation's currency reserves.
Read more at Bloomberg Bonds News
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