JGBs mostly flat, but super-longs gain ahead of auction
TOKYO, June 12 (Reuters) - Japanese government bonds were
little changed on Wednesday, but super-long bonds gained
supported by strong demand from domestic investors ahead of an
upcoming auction of 30-year debt.
September 10-year JGB futures, which took over the
benchmark status from June contract on Wednesday, rose 0.02
point to 153.44, with a trading volume of 33,209 lots, while the
10-year cash JGB yield was flat at minus 0.115%.
In the super-long zone, the 40-year and the
30-year JGB yields fell one basis point each to
0.375% and 0.340%, respectively, to hit the lowest levels since
The Ministry of Finance will issue 700 billion yen ($6.45
billion) of 30-year JGBs on Thursday.
The 20-year yield stood flat at 0.245%, while
the five-year yield fell half a basis point to
($1 = 108.4600 yen)
(Reporting by Tokyo Markets Team; Editing by Rashmi Aich)
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