{"id":526,"date":"2003-07-22T00:00:00","date_gmt":"2003-07-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"jgbs-edge-higher-on-late-buybacks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2003\/jgbs-edge-higher-on-late-buybacks.html","title":{"rendered":"JGBs Edge Higher on Late Buybacks"},"content":{"rendered":"<p>Tokyo, July 22 (Jiji Press)&#8211;Japanese government bonds wiped out early losses to close higher Monday on a late wave of buybacks.<\/p>\n<p>  The yield on the benchmark 251st 10-year JGBs, carrying a coupon rate of 0.9 pct, stood at 0.955 pct in late interdealer trading, down from 0.960 pct late Friday. The Tokyo market was closed Monday  for a national holiday.<\/p>\n<p>  Following a decline in U.S. bond prices Monday, cash JGBs came declined in the morning due to selling by hedge funds.<\/p>\n<p>  After the early bout of selling ran its course, JGBs in medium- term zones drew buybacks.<\/p>\n<p>  But active buying in such zones was held in check as Japanese Finance Minister Masajuro Shiokawa said earlier in the day that the Finance Ministry may increase issuance of 20-year and 30-year  government bonds in the autumn.<\/p>\n<p>  Market players were keeping close tabs on Thursday&#8217;s auction of 30-year JGBs, traders said.<\/p>\n<p>  In futures trading, the September contract on 10-year JGBs finished up 0.12 point from Friday at 141.26 on the Tokyo Stock Exchange. Volume increased to 23,637 contracts from Friday&#8217;s 22,333.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tokyo, July 22 (Jiji Press)&#8211;Japanese government bonds wiped out early losses to close higher Monday on a late wave of buybacks. The yield on the benchmark 251st 10-year JGBs, carrying a coupon rate of 0.9 pct, stood at 0.955 pct [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-526","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=526"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/526\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}