Free Trial

20-Year Supply Smoothly Absorbed

JGBS

The latest round of 20-Year JGB issuance sees smooth enough passage, with the low price topping estimates (99.600 as proxied via the BBG dealer poll), with the tail width little changed vs. the previous 20-Year round of supply, while the cover ratio firmed (although that metric remains towards the lower end of the range in play at 20-Year auctions since 2016).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.