Sunday, April 22, 2007

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

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

China: The central bank may raise interest rates twice this year and order banks to set aside more money to slow lending after economic growth accelerated to 11.1 percent in the first three months, a Bloomberg News survey of economists last week showed. China Citic Bank Corp. sold $5.4 billion of stock in the world's biggest offering this year, two people with direct knowledge of the matter said on April 20.


Read more at Bloomberg Bonds News

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