Monday, April 23, 2007

JGBs edge up as stocks dip,20-yr auction seen solid

(Reuters) - The lead contract has held above a three-month low of 133.41 struck last week but is within the broad range over the past eight months of 135.66 to 133.17.

An 800 billion yen offering of 20-year bonds is the main event on an otherwise quiet day, with a slightly higher coupon seen, which could lure institutional investors.


Read more at Reuters.com Bonds News

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