Wednesday, 20 June 2007

Japan's Government May Set a 2.3 Percent Coupon for 20-Year Bond Auction

(Bloomberg) -- Japan's Ministry of Finance may set a
coupon of 2.3 percent for its sale of 20-year bonds today, the
highest since October 2006, according to a Bloomberg News survey.

All six analysts, investors and traders surveyed said the
ministry would set the coupon on the 800 billion yen ($6.5
billion) of securities at 2.3 percent. The previous sale of 20-
year bonds on May 24 had a coupon of 2.1 percent, and attracted
bids for 4.1 times the amount on offer.


Read more at Bloomberg Bonds News

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