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Taiwan sells TWD 35bn of 5-year bonds:

  • Yield: 0.25% (prev. 0.198%; a record low in the Dec 3 sale)
  • Bid/Cover: 1.38 (prev. 1.65)
  • Banks took down 63.15%, securities firms 18.57%, insurers 10.57%, bill finance, 7.71%
  • A significantly smaller proportion for insurers who previously took almost 30%.
  • 5-Year yield now highest since October

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