Monday, July 2, 2007

Japan's Bonds Rise on Expectations 11-Month High Coupon to Lure Investors

(Bloomberg) -- Japan's 10-year government bonds
advanced on speculation the highest coupon in 11 months will
attract investors to an auction of the debt today.

The finance ministry set a 1.9 percent coupon on the 1.9
trillion yen ($15.5 billion) of new securities, the biggest
payout since August. The ministry accepted bids until noon and
will announce results of the sale at 12:45 p.m. in Tokyo.


Read more at Bloomberg Bonds News

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