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A slight bid creeps back into longer dated.....>

JGBS
JGBS: A slight bid creeps back into longer dated Japanese paper on the back of
the latest JGB auction, as the cover ratio climbs back above 4.00x (although the
previous auction set a very low benchmark here), with the % allotted at the high
yield moderating.
- Worth highlighting that the low price missed dealer exp. (just), as proxied by
the BBG poll ahead of the auction.
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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