Wednesday, 18 July 2007

Taiwan Bonds Decline on Higher Auction Yields; Currency Is Little Changed

(Bloomberg) -- Taiwan's 10-year government bonds
fell after the yield at a debt auction yesterday was higher than
expected. The currency was little changed.

The Ministry of Finance sold yesterday NT$20 billion ($609
million) of five-year bonds at a yield of 2.53, higher than
2.5172 percent in pre-auction trading, and less than 1 basis
point below the 2.538 percent yield for 10-year debt yesterday.


Read more at Bloomberg Bonds News

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