By Beth Mellor and John Kohut
Aug. 26 (Bloomberg) -- The following events and economic reports may influence trading in eastern European bonds and currencies today. Bond yields and exchange rates are from the previous day’s session.
Estonia: The Bank of Estonia releases data on money supply for July at 12 p.m. in Tallinn. Month-on-month money supply fell 1 percent in June.
The kroon, which is pegged to the euro, was little changed at 15.6430 per euro.
Hungary: The Central Bank publishes its detailed inflation report at 10 a.m. in Budapest.
The forint strengthened 0.6 percent to 266.35 per euro.
The yield on Hungary’s 6.5 percent bond due June 2019 was unchanged at 8.13 percent.
Poland: The central bank will probably keep its benchmark interest rate at 3.5 percent, according to the median estimate of 20 economists surveyed by Bloomberg. The bank is expected to announce its decision around 12 p.m. in Warsaw.
The Polish zloty gained 0.8 percent to 4.0761 per euro.
The yield on the 5.75 percent government bond due in April 2014 rose three basis points to 5.56 percent, according to PKO Bank Polski SA in Warsaw.
Russia: The Federal Service of State Statistics releases data on consumer prices for the year through Aug. 24. The inflation rate was 8.3 percent in the year through Aug. 17.
Russia will sell up to 5 billion rubles ($159 million) of OFZ bonds.
The ruble strengthened 0.3 percent to 31.2978 per dollar.
The yield on the 6.9 percent government bond due February 2036 climbed six basis points to 12.38 percent.
Slovenia: The statistics office releases data on business sentiment for August at 10:30 a.m. in Ljubljana. The sentiment indicator remained at minus 24 in July for the third consecutive month.
The yield on the 5.375 percent government bond due November 2011 increased three basis points to 1.94 percent.
To contact the reporter on this story: Beth Mellor in London bmellor@bloomberg.net
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