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A limited session for JGBs with the global.....>

JGBS
JGBS: A limited session for JGBs with the global impulses, the BoJ leaving the
size of its 1-5 & 10-25+ Year Rinban operations unchanged and a pullback in the
Nikkei 225 resulting in a modest uptick for futures, which last trade 9 ticks
higher on the day. Modest outperformance was noted in the long end of the cash
space.
- Offer to cover ratios of the Rinban operations were as follows:
- 1-3 Year 3.12x (prev. 3.08x), 3-5 Year 2.20x (prev. 2.49x), 10-25 Year 3.65x
(prev. 2.43x) 25+ Year 2.98x (prev. 3.45x)
- The BoJ MonPol decision headlines tomorrow's docket.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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