Bloomberg News

China, India, Japan, Malaysia: Asian Bonds, Currency Preview

July 19, 2011

July 20 (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: Bank of Japan Deputy Governor Hirohide Yamaguchi will speak at a business meeting in Matsumoto City, central Japan, at 10:30 a.m. He will also speak at a press conference at 2:30 p.m. Chief Cabinet Secretary Yukio Edano will hold media briefings at 11 a.m. and 4 p.m.

The yield on the 1.2 percent government bond due June 2021 was little changed at 1.075 percent in Tokyo yesterday, according to Japan Bond Trading Co., the nation’s largest interdealer debt broker.

The yen traded at 79.17 per dollar at 7:23 a.m. in Tokyo.

Malaysia: The consumer price index gained 3.6 percent in June from a year ago, the fastest pace since March 2009, according to the median estimate of economists surveyed by Bloomberg before data due today.

The yield on the 4.16 percent bond due July 2021 was 3.86 percent. The ringgit was at 3.0067 per dollar.

Taiwan: Export orders rose 10.1 percent in June from a year earlier, the least in four months, according to the median estimate of economists in a Bloomberg survey before a report due today.

The yield on the 2 percent notes due July 16 was 1.184 percent. The Taiwan dollar was at NT$28.920.

China: The government will sell 30 billion yuan ($4.6 billion) of 10-year bonds today.

The yield on the government’s 3.99 percent bonds due June 2021 was 4.01 percent. The yuan was at 6.4634 per dollar.

India: The finance ministry will sell a combined 100 billion rupees ($2.2 billion) of 91- and 182-day bills.

The yield on the 7.80 percent bonds due April 2021 was 8.25 percent. The rupee was at 44.5335 per dollar.

--Editors: Andrew Janes, Nate Hosoda

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

To contact the reporter on this story: Andrea Wong in Taipei at awong268@bloomberg.net

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


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