Japan MOF cancels Wednesday's CPI-linked JGB offer

Tue Oct 7, 2008 5:59am EDT
 
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TOKYO, Oct 7 (Reuters) - The Ministry of Finance (MOF) has decided to cancel an auction of inflation-linked Japanese government bonds that had been scheduled for Wednesday, the ministry said on Tuesday.

MOF decided not to hold the auction due to factors such as unstable conditions in financial markets, a ministry official told Reuters. The ministry had been planning to hold an auction of 300 billion yen ($2.94 billion) in CPI-linked JGBs on Wednesday.

 
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