Asian bond spreads flat

Posted by 7Star Tuesday, March 10, 2009

Asian bond spreads were rangebound on Monday ahead of a meeting of finance ministers and central bankers from the Group of 20 rich and developing countries this week. Officials from the G20 who will meet in southern England starting on Friday are expected to come up with more measures to stabilise the global financial markets. The gathering is a precursor to an G20 leaders summit in April.

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