Sunday, 14 October 2012

10-Yr JGBs Lowest Tender Price Eyed 100.28 - Traders


The lowest accepted price for 10-year JGBs at Thursday's auction is likely to be around 100.28, traders say. The latest issue carries a coupon of 0.8%, reopening the previous issue. Analysts expect solid results, supported by the BOJ's recent easing steps and demand for the beginning of the new quarter. Lead December JGB futures were down 0.10 at 144.15 at the midday close. Results are due at 0345 GMT.

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