JGB's rose to end the week on Friday,..........>

JGBS: JGB's rose to end the week on Friday, pushing yields even lower and seeing

the 10-Year yield closing 1.3bp lower at -0.001%, negatie for the first time

since Nov 2016. The afternoon saw heavy buying pressure in the 3-5 Year sector

following the Y30bln cut in the purchase operations.

- JGB's opened higher on Monday in the overnight session following North Korean

hydrogen bomb test, but have trended lower and finished the overnight at 151.21,

unchanged from opening levels.

- JGB Opening Call Barclays: "Today could see the market in a range with USTs

sold at the end of last week, but the JPY bought on risk-off sentiment early

this morning in response to North Korea's hydrogen bomb test on Sunday. The BoJ

is scheduled to hold buying operations for 10y+ issues and we expect operations

for -1y issues as well. This week brings three buying operations as well as a

10y JGB auction on Tuesday and a 30y JGB auction on Thursday."