The supply of the new 30-year..........>

JGBS AUCTION: The supply of the new 30-year Japanese government bonds auctioned

Tuesday met firm demand, but September 10-year bond futures were unaffected by

the auction results. The Ministry of Finance sold Y647.2 billion of the 30-year

bonds, with the lowest accepted price of 98.10, matching expectations of market

players. The tail stemming from the gap between the average and accepted lowest

prices widened to 0.10 from 0.09 at the previous auction in July. A smaller

number means that investor demand is stronger. Immediately after the results,

September 10-year bond futures traded at 150.23, up from 150.22 seen before the

results.