Japan MOF sells 40-year JGBs at auction

Mon Feb 24, 2014 10:48pm EST

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TOKYO, Feb 25 (Reuters) - An auction of 400 billion yen
($3.90 billion) 40-year Japanese government bonds on Tuesday
produced a highest accepted yield of 1.725 percent, with 59.55
percent of the bids accepted at that yield, the Ministry of
Finance said.
    
    Details were as follows:
 Highest accepted yield           1.725 pct
 Coupon rate                      1.9 pct
 Bids accepted at highest yield   59.55 pct
 Issue date                       Feb. 27, 2014
 Maturity date                    Mar. 20, 2053
 
    For more information on Japanese government bond auction 
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