Japan May Set Record High Coupon on 5-Year Government Notes, Survey Shows

(Bloomberg) -- Japan's Ministry of Finance may set
a coupon of 1.6 percent on five-year notes it will sell today,
the highest rate on record, according to a Bloomberg News survey.

Five of six traders, investors and analysts surveyed
yesterday said the ministry would put the coupon at 1.6 percent,
the highest since the government started selling the notes in
February 2000. One said the interest payout would be 1.5 percent,
the same as last month.


Read more at Bloomberg Bonds News