JGB futures finished last week around..........>

JGBS: JGB futures finished last week around Friday's Tokyo settlement levels.

- The BoJ tweaked the purchase range for some JGB maturities when it announced

its July Rinban plan on Friday. The Bank lifted the upper bound of its 1-3 Year

purchase band to Y500bn from Y450bn (most recent purchase size Y350bn). It also

cut both the lower and upper end of its 3-5 Year purchase band by Y50bn, leaving

the range at Y250-500bn (most recent purchase size Y400bn). The Bank also cut

the upper end of 10-25 Year purchase band by Y50bn, to Y250bn (most recent

purchase size Y200bn). There were no changes to the frequencies across any of

the maturities in the July plan.

- The BoJ's Q2 Tankan survey headlines the domestic docket today.