(Reuters) - Traders expect the coupon to be set at 1.7 percent, given the current level of 10-year yields. Coupons at the four previous 10-year bond sales were set at this level.
The auction is seen as an important test of demand for yield among domestic investors in the new fiscal year and analysts say investors are keen to buy 10-year JGBs with a yield above 1.7 percent.
Read more at Reuters.com Bonds News
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