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Rinban Sees Wider Spreads

JGBS

Futures sticking to their Tokyo morning range, -6 ticks at typing, with the
7-20 Year zone of the curve underperforming on the day. The latest round
of BoJ Rinban ops, covering 10-25 Year JGBs, saw a virtually unchanged
cover ratio and wider spreads vs. previous ops. Little else to add, outside
of earlier points.

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

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