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JGB's bid after results of the latest..........>

JGBS
JGBS: JGB's bid after results of the latest purchase operations.
- Offer/cover ratios slip from the previous operations while spreads rise.
- Cover on 5-10 Year drops to 2.91 (prev. 3.41), lowest since September 13.
- Cover on 10-25 Year drops to 2.25 (prev. 3.19), lowest since October 25,
spread at 0.004 from -0.013 last time out.
- Cover on 25+ Year drops to 2.23 (prev. 3.42), lowest since July 7 despite
reduction in sector purchase, spread at 0.002 from 0.021 last time out.

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