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To: Defrocked who wrote (10518)	12/8/1997 6:55:00 PM
From: Defrocked	of 18056

Yield spreads for benchmark Asian bonds.(Source,Bloomberg 12/8,05:24EST) Yield spreads have generally narrowed in last week except for China which widened by more than 20 bps amid concern on regional financial turmoil.(Yield spreads are represented as premiums to US Treasuries.) Mat. 30-Sep 10-Oct 1-Dec 8-Dec Korean Dev.Bnk '06 121 290 270 230 Indonesia '06 157 310 240 213 Thailand '07 175 500 330 305 China '06 90 135 87 110 Petronas '06 113 215 170 170 Hutchison '07 na 215 140 140 Philippines '16 230 422 370 341 According to Bloomberg report, China widened "amid concern that the regional financial turmoil will hurt it as well."

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