(Bloomberg) -- The following events and economic
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.
China: The central bank yesterday sold 30 billion ($3.9
billion) of 91-day bills at a yield of 2.7461 percent. The
government will set up a budget to manage the revenue and
expenditure of state-owned companies, Xinhua News Agency
reported on May 30, citing a decision by a State Council meeting.
The budget will collect earnings from state-owned companies and
spend the funds on economic restructuring, compensating state
firms for reforms and injecting money into the social security
fund, Xinhua said.
Read more at Bloomberg Bonds News
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.
China: The central bank yesterday sold 30 billion ($3.9
billion) of 91-day bills at a yield of 2.7461 percent. The
government will set up a budget to manage the revenue and
expenditure of state-owned companies, Xinhua News Agency
reported on May 30, citing a decision by a State Council meeting.
The budget will collect earnings from state-owned companies and
spend the funds on economic restructuring, compensating state
firms for reforms and injecting money into the social security
fund, Xinhua said.
Read more at Bloomberg Bonds News
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