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Morgan Stanley See Average Month-End Extension


Morgan Stanley expect “the 1-Year JGB index to extend by 0.025 years in March, compared to an average month’s extension range of ~0.02-0.06 years. A total of ~Y10.8tn of issuance will impact the extension and Y3tn worth of JGBs will be reinvested.”

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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