Taiwan auctions 2-year bonds at 0.349 pct yield
Published: 15 Oct 2009 22:07:58 PSTTAIPEI, Oct 16 - Taiwan auctioned T$40 billion ($1.2 billion) in two-year treasury bonds at a yield of 0.349 percent, the central bank said on Friday, higher than market expectations.
A Reuters poll of bond dealers had expected the yield to be between 0.19 and 0.24 percent. The bonds will be issued on Oct. 21.
In a similar auction in May 2007, the government sold two-year bonds at 1.932 percent.
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