MNI BRIEF: Inflation Risks Now Shifted To Downside-BOE Ramsden

MNI: Goolsbee Says Stalled Inflation Means Wait Before Moving

MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Auctions & Budgets

ASIA RATES
  • INDIA: Yields lower across the curve, extending drop from yesterday as the global bond rout partially reversed. Helping support the space was a report from the finance ministry that goods and services tax collections in February was 7% higher Y/Y at INR 1.13t , which could help assuage worries of financing the budget through extra issuance. Markets await state bond sales to the tune of INR 230bn today.
  • INDONESIA: sovereign debt remains in narrow range ahead of IDR 30tn auction, markets will scrutinize the results to ascertain if the governments decision to reduce issuance will support demand.
  • CHINA: China's bonds rose for a second day after a CIBRC official sounded a warning on asset bubbles and leverage which sapped risk appetite. The PBOC matched liquidity injections with maturities today, after a net drain of CNY 10bn yesterday. The overnight repo rate jumped at the open but has since receded to trade around unchanged levels, last at 1.7757%, the 7-day repo rate is slightly higher than yesterday's close at 2.0647%.
  • SOUTH KOREA: Futures moved higher at the open and moved in a range. It was announced previously that the MOF would issue an extra KRW 9.9tn of government bonds to fund the latest extra budget, in addition to the record KRW 176.4tn issuance already announced, however it is less than the KRW 12tn – KRW 20tn range that was floated, with the ruling democratic party pushing for the larger figure.
BulletEM BulletEmerging Market News
BulletEM BulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.