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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 a reopening of issue #56: 
- The MOF last sold 30-Year bonds on October 11, the auction drew an average
yield of 0.881%, covered 3.979x. 
- The auction is expected to clear smoothly, today's Japanese Bond and Stock
flow data showed hard selling of foreign debt by Japanese Investors which may
mean more demand in the auction for JGB's today, today's flow figures also
showed foreign investors bought net Y90.4bln in Japanese bonds up from Y81.7bln
previous.
- Yields are weaker, the 30-Year down 1.6bp at 0.790%.
- Results for the 30-Year due at 0345BST/1245JST
- There is also an auction for Y4.4tln 3-Month Bills, last sold on November 1,
covered 3.424x with an average yield of -0.1897%. Results due 0335BST/1235JST

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