Monday, June 11, 2007

Japan to Set 11-Month High Coupon on 5-Year Government Notes, Survey Shows

(Bloomberg) -- Japan may set a coupon of 1.5 percent
on the 2 trillion yen ($16 billion) of five-year notes it will
sell today, according to a Bloomberg News survey.

Four investors and strategists surveyed yesterday said the
Ministry of Finance would put the coupon at 1.5 percent, the
highest since July 2006. The government has set a 1.2 percent rate
at the past four auctions.


Read more at Bloomberg Bonds News

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