Asia Company and Markets Headlines

China oil firms to issue 30 bln yuan 3-year bills

Major Chinese oil companies said on Friday that they would issue a total of 30 billion yuan ($4.4 billion) of three-year corporate bills in the interbank market next week to help fund their operations.

India FIMMDA-REUTERS-Treasury Bills Benchmark

The FIMMDA-REUTERS Treasury Bills Benchmark rates at 12.00 noon as follows Tenor Yields ------ ------ 1-Week 4.5500 2-Weeks 4.5708 1-Month 4.6214 2-Months 4.7107 3-Months 4.8014 4-Months 4.8426 5-Months 4.8852 6-Months 4.9256 7-Months 4.9341 8-Months 4.9430 9-Months 4.9516 10-Months 4.9604 11-Months 4.9693 1-Year 4.9773 Computation: The Benchmarks are based upon the rates of pre-determined T-Bills which a