Japan's Government May Set a Coupon of 2.1 Percent at 20-Year Debt Auction

(Bloomberg) -- Japan's Ministry of Finance may set a
coupon of 2.1 percent on its sale of 20-year bonds today, the same
payout as the previous auction last month, according to a
Bloomberg News survey.

All five analysts and investors surveyed said the ministry
would set the coupon on the 800 billion yen ($6.6 billion) of
securities at 2.1 percent. The previous sale on April 24 drew bids
for 3.63 times the amount of debt on offer, the highest since
December.


Read more at Bloomberg Bonds News