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 will hold media briefings at 11 a.m. and 4 p.m.
The yield on the 1.2 percent government bond due December 2020 was at 1.275 percent, according to Japan Bond Trading Co., the nation’s largest interdealer debt broker. The yen traded at 81.93 per dollar at 7:27 a.m. in Tokyo.
South Korea: Consumer prices rose 4.3 percent in February from a year earlier after gaining 4.1 percent the previous month, according to the median estimate of economists in a Bloomberg News survey before the data due today.
The yield on the 5 percent debt due June 2020 was 4.67 percent on Feb. 28. The won was at 1,128.90 per dollar the same day. Local financial markets were closed yesterday. China: The government will sell 30 billion yuan ($4.6 billion) of seven-year bonds.
The yield on the government’s 3.77 percent bond due December 2020 was at 3.95 percent, according to Chinabond, the nation’s biggest debt-clearing house. The yuan was at 6.57 per dollar. Thailand: The government will sell a total of 10.5 billion baht ($343 million) of bonds due in 2021 and 2061.
The yield on the 3.125 percent debt due December 2015 was 3.39 percent. The baht was at 30.60. Malaysia: The central bank will sell a combined 3.5 billion ringgit ($1.2 billion) of 210- and 308-day notes and 500 million ringgit of 152-day Islamic notes. The yield on the 3.835 percent bond due August 2015 was at 3.41 percent. The ringgit was at 3.04.