CNH: USD/CNY Fixing Rises, Error Term Wider

Aug-15 01:19

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The USD/CNY fix printed at 7.1371, versus a Bloomberg market consensus of 7.1862. * The fix moved h...

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CNH: USD/CNY Fixing Edges Up, Error Term Widens

Jul-16 01:19

The USD/CNY fix printed at 7.1526, versus a Bloomberg consensus estimate of 7.1901. 

  • Today's fixing nudged a little higher, in line with broader USD gains, but the fixing error widened too -375pips from -242pips yesterday (so it also took some of the USD rise). This was the widest fixing error since May 9.
  • USD/CNH is little changed so far today, last near 7.1815. 

CHINA SETS YUAN CENTRAL PARITY AT 7.1526 WEDS VS 7.1498

Jul-16 01:16
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1526 WEDS VS 7.1498

AUSSIE BONDS: ACGB Mar-36 Auction Result

Jul-16 01:07

The AOFM sells A$800mn of the 4.25% 21 March 2036 bond:

  • Average Yield (%): 4.4476 (prev. 4.3306)
  • High Yield (%): 4.4500 (prev. 4.3325)
  • Bid/Cover: 4.0000x (prev. 2.5792x)
  • Allotted at Highest Accepted Yld as % of Bid at Yld (%): 18.9 (prev. 32.7)
  • Bidders: 36 (prev. 31), successful 16 (prev. 17), allocated in full 8 (prev. 10)