TOKYO, May 27 (IFR) - Japanese government prices were little
changed in thin trade on Tuesday morning with immediate focus on
the 40-year JGB auction later in the day.
The 10-year cash JGB yield ticked up 0.5 basis point to
0.590 percent while the 20-year yield stood flat
at 1.445 percent. Other benchmark maturities were
untraded so far.
The Ministry of Finance offered 400 billion yen ($3.93
billion) of 40-year bonds in a Dutch auction. The results will
be announced at 12:45 p.m. (0345 GMT).
($1 = 101.8750 Japanese Yen)
(Reporting by Masatsugu Hisatsune; Editing by Eric Meijer)