EM ASIA CREDIT: Vedanta (VEDLN, B2/B) may issue private placement

Feb-07 01:36

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Vedanta (VEDLN, B2/B) "*VEDANTA LTD. TO CONSIDER BONDS PRIVATE PLACEMENT FEB. 11" - BBG * Vedanta ...

Historical bullets

MNI: CHINA PBOC CONDUCTS CNY1.1 BLN VIA 7-DAY REVERSE REPOS WEDS

Jan-08 01:27
  • CHINA PBOC CONDUCTS CNY1.1 BLN VIA 7-DAY REVERSE REPOS WEDS

MNI: CHINA SETS YUAN CENTRAL PARITY AT 7.1887 WEDS VS 7.1879

Jan-08 01:26
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1887 WEDS VS 7.1879

CNH: USD/CNY Fixing Error To Fresh Wides

Jan-08 01:19

The USD/CNY fixing printed at 7.1887, versus the Bloomberg market consensus of 7.3415. 

  • The fixing error widened to -1528pips, fresh wides going back to early April of last year.
  • The fixing has remained very steady and close to 7.1900, despite a rebound in USD indices over the past 24 hours. Today's upside limit on spot USD/CNY is around 7.3325.
  • USD/CNH has drifted a little higher so far today, but is within recent ranges, last near 7.3435/40.
  • Note coming up in around 40mins is the onshore briefing for the consumer trade in program.