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The Japanese Ministry of Finance.......>

JGBS AUCTION
JGBS AUCTION: The Japanese Ministry of Finance (MOF) will today auction Y800bln
0.8% 30-Year Sep 20 2047 JGB's: 
- The MOF last sold 30-Year bonds on September 7, the auction drew an average
yield of 0.832%, covered 3.67x. 
- Yields are up within a tight range, the 30-Year up 0.3bp. Barclays said: "We
expect the 30y auction (JX56) to clear smoothly assuming yields near current
levels. Recent yield levels exceed the average at the previous auction (0.832%)
and valuations are cheap on the curve, suggesting the auction is likely to
attract a certain level of investor demand."
- Results due at 0445BST/1245JST

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