Thursday, June 20, 2013

Bond coupon rates increase again

 



government bond interest rates (bond) has gained primary back in Treasury auctions of State on 20/6.


     Coupon rates of 2-year bonds rose 25 basis points, to 6.68%, the interest rate 3-year bonds rose 15 basis points, to 6.95% and 5-year rates increased 35 basis points to 7.65%.

 

     Successful bidding rate also decreased significantly. 1,650 billion for 2-year bonds on the winning 2,000 billion tender; 1.400 billion 3-year bonds on the winning 2,000 billion tender; 1.350 billion 5-year bonds on the winning 2,000 billion the tender.

 

     The auction results are in accordance with the expectations of investors about the upward trend of interest bonds, deep discount after the last time. In the previous auction, the entire 5-year bond futures contract was not set to a lower interest rate expectations of investors.

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