Wednesday, June 13, 2007

China, India, Philippines, Singapore, 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 yesterday moved to expand the
nation's debt market by giving the stock-market regulator the
power to approve bond sales by publicly traded companies. The
China Securities Regulatory Commission will approve sales of
bonds with maturities of more than one year by domestic
companies, the agency said in a statement on its Web site. The
regulator didn't say when the rule will take effect.


Read more at Bloomberg Bonds News

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