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BFW 11/19 03:55 *JAPAN 20-YEAR BOND BID-COVER RATIO OF 4.75 IS HIGHEST ON RECORD BN 11/19 03:55 *JAPAN 20-YEAR BOND BID-COVER RATIO OF 4.75 IS HIGHEST ON RECORD
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Japan 20-Year Bond Bid-Cover Ratio of 4.75 Is Highest on Record 2013-11-19 04:05:57.969 GMT
By Ken McCallum Nov. 19 (Bloomberg) -- Bid-cover ratio of 4.75 times is highest on record going back to September 1987, according to Ministry of Finance data released today. * Ministry sold 1.09t yen of the 1.7% JGBs at the lowest price of 102.75, exceeding the 102.70 median forecast of 14 traders surveyed by Bloomberg News * 20-year JGB yield is 1.5 bps higher than yesterday at 1.515% as of 1:01pm in Tokyo
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To contact the reporter on this story: Ken McCallum in Tokyo at +81-3-3201-8857 or kmccallum4@bloomberg.net
To contact the editor responsible for this story: Rocky Swift at +81-3-3201-2078 or rswift5@bloomberg.net