Monday, July 30, 2007

Two-Year Note Auction in Japan to Draw Lowest Price of 99.97, Survey Shows

(Bloomberg) -- Japan's sale of 1.7 trillion yen
($14.3 billion) of two-year notes today may have a lowest-
accepted price of 99.97, according to the median forecast of 13
traders surveyed by Bloomberg News.

Estimates for the lowest-accepted price ranged from 99.97
to 99.975. The price is the minimum at which the government
sells the securities.


Read more at Bloomberg Bonds News

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