EM ASIA CREDIT: MNI EM Credit Market Update - Asia

Oct-10 04:02

Asia EM USD sovereign and agency spreads show a wider bias in a relatively quiet session, widening about 1–3bp this morning. Korean equity markets opened higher following holidays, supported by gains in AI-related stocks. Meanwhile, Chinese regulators are intervening to curb excessive competition, a development expected to bolster margins for food delivery firms such as Meituan and JD.com. In South Korea, measures to protect the steel industry are anticipated this month. No new issuance was recorded today.

Historical bullets

MNI EXCLUSIVE: MNI Discusses China's Bid To Boost Consumption

Sep-10 03:54
MNI discusses China's bid to boost consumption. On MNI Policy MainWire now, for more details please contact sales@marketnews.com. 
 
 
 


 

MNI EXCLUSIVE: MNI Discusses The Diminishing Chances For A 2025 BOJ Hike

Sep-10 03:40
MNI discusses the diminishing chances for a 2025 BOJ hike. On MNI Policy MainWire now, for more details please contact sales@marketnews.com. 
 
 
 


 

JGBS AUCTION: JGBS 5yr Auction Result

Sep-10 03:38

The Japanese Ministry Of Finance (MoF) sells ¥ 1,895.5bn 5-Year JGBs:

  • Average Yield: 1.119% (prev. 1.056%)
  • Average Price: 99.91 (prev. 99.74)
  • High Yield: 1.126% (prev. 1.062%)
  • Low price: 99.80 (prev. 99.71)
  • % Allotted At High Yield: 80.4302% (prev. 67.7077%)
  • Bid/Cover: 3.70 (prev. 2.9616x)