Bloomberg News

Japan, China, Thailand: Asian Bonds and Currency Preview

June 16, 2011

June 17 (Bloomberg) -- The following events and economic reports may influence trading in Asia’s bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise.

Japan: Chief Cabinet Secretary Yukio Edano and Finance Minister Yoshihiko Noda will hold media briefings after a Cabinet meeting in the morning. Edano will have another press briefing at 4 p.m. in Tokyo.

The Bank of Japan will release at 8:50 a.m. in Tokyo minutes of its May 19-20 board meeting.

The yield on the 1.2 percent government bond due June 2021 was 1.120 percent, according to Japan Bond Trading Co., the nation’s largest interdealer debt broker.

The yen traded at 80.62 per dollar at 7:20 a.m. in Tokyo.

China: The government will sell 20 billion yuan ($3.1 billion) of one-year bonds today.

The yield on the 3.83 percent bond due March 2021 was 3.97 percent. The yuan was at 6.4780 per dollar.

Thailand: The central bank will publish foreign-exchange reserves for the week ended June 10 today. Reserves were at $187 billion in the week ended June 3, the highest level in a month.

The yield on the 5.40 percent debt due July 2016 was 3.74 percent. The baht was at 30.62 per dollar.

--With assistance from Monami Yui in Tokyo. Editors: Andrew Janes, Nate Hosoda

%INR %JPY %CNY %KRW %USD %SGD %THB %PHP %TWD %IDR

To contact the reporter on this story: V Ramakrishnan in Mumbai at rvenkatarama@bloomberg.net

To contact the editor responsible for this story: Sandy Hendry at shendry@bloomberg.net


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