21 August 2002, 11:50  Japan 10-yr govt bond auction lowest price 100.50 yen; highest yield 1.243 pct

/http://www.forexdirectory.net/ TOKYO (AFX-ASIA) - The Ministry of Finance said the lowest price bid at today's auction of 10-year government bonds was 100.50 yen, while the highest yield offered was 1.243 pct. The average yield was 1.241 pct, with the average price at 100.52 yen. It set a coupon of 1.3 pct for the auction. Bids totalled 3.45 trln yen, of which 1.33 trln were accepted, suggesting strong demand.

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