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Japan MOF cancels Wednesday's CPI-linked JGB offer

Tue Oct 7, 2008 5:59am EDT

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.

Bonds  |  Global Markets

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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