Free Trial

Ranges Tight, Rinban Sizes Unchanged


A tight morning session for the space, with little to add on the news flow front. Futures finished the morning session 1 tick above Monday's Tokyo settlement level, with yields across the cash curve richer at the margins, operating within 1.0bp of Monday's settlement levels.

  • BoJ Rinban ops covering 1-10 Year paper saw purchase sizes left unchanged, with the following offer/cover ratios:
  • 1-3 Year: 2.29x (prev. 2.62x)
  • 3-5 Year: 2.85x (prev. 2.47x)
  • 5-10 Year: 3.11x (prev. 2.34x)
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.