The Japanese Ministry of Finance has published the outcome of the auction of the first series of index-linked JGBs. The bonds, which have a ten year tenor (they are due 10 March 2014) carry a nominal coupon of 1.2 per cent. The issue price was set at 99.11 per cent. Yen 99,800 million of bonds are being issued.
Coupon On First Inflation Adjusted JGB Set At 1.2%
The Japanese Ministry of Finance has published the outcome of the auction of the first series of index linked JGBs. The bonds, which have a ten year tenor (they are due 10 March 2014) carry a nominal coupon of 1.2
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