JGB futures ticked lower on the impetus from...>

JGBS: JGB futures ticked lower on the impetus from Tsys, but the move has lacked

any real legs, with local equity markets edging back from their highs. Contract

last -7 as a result, with some underperformance in 20s and 40s over in the cash

space. Swaps mostly wider through 10 Years, owing to largely richer JGB yields

in that zone, mixed further back.

- The Nissan multi-tranche bond issuance that we mentioned earlier has priced,

while Softbank will reportedly come to market next week, with Y50bn worth of

paper to sell.

- The latest BoJ decision headlines the local docket today. Elsewhere, Tokyo

Governor Koike will make an address re: the COVID-19 situation this afternoon,

in the wake of the latest expert panel discussion N.B. this meeting was

originally scheduled for Thursday. There are rumours that the capital will lift

its COVID-19 alert level to the highest possible.