Trial now
JGBS AUCTION

PREVIEW:‌ 20-Year Supply Due

JGBS

Modest Rally, 20-Year Supply Eyed

IDR

Bank Indonesia Eyed

RBNZ

VIEW: ANZ Pencil In More OCR Hikes

JGBS

A less than inspiring round of 30-Year supply all told, although there wasn't any signs of deterioration vs. last month's 30-Year JGB auction. The low price topped broader dealer estimates, which stood at 100.00 per the BBG dealer poll. The tail width was relatively steady when compared to the previous round of 30-Year supply. The cover ratio nudged higher when compared to last month's offering but remains somewhat low (a reminder that the latter represented a multi-year low for 30-Year JGB supply).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com