Japan's Ministry of Finance sets 1.3 percent coupon on 5-year bonds |
|
|
|
Published
:
Fri, 12 Oct 2007 02:41 |
TOKYO (Thomson Financial) - Japan's Ministry of Finance said it has set a coupon of 1.3 percent on 2.0 trillion yen worth of five-year government bonds to be auctioned Friday, up from 1.1 percent at last month's auction.The bonds will be issued on October 25 and will mature on September 20, 2012, the ministry said.The results of the auction will be announced at 12.45 pm (0345 GMT).At the auction on September 11, the lowest accepted price was 100.13 yen, giving a yield of 1.072 percent, with a bid-to-cover ratio of 3.13 to 1.(1 US dollar = 117.40 yen)kaori.kaneko@thomson.com-kk/ngCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
|
|
|
|