TOKYO, June 17 (IFR) - Japanese government bonds were mostly
steady on Tuesday with the market bracing for new supply.
A bounce in Tokyo shares also capped the JGB market.
The Ministry of Finance is offering 1.2 trillion yen ($11.76
billion) of 20-year JGBs on Tuesday.
Dealers expect ample investor demand for the new super
longs, which traditionally attract demand from life insurers and
The benchmark 10-year JGB yield rose 0.5
basis point to 0.600 percent.
September 10-year JGB futures edged up 0.02 point
Tokyo's Nikkei stock average gained 0.5 percent.
($1 = 102.0500 Japanese yen)
(Reporting by Masatsugu Hisatsune; Editing by Jacqueline Wong)