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Japan’s 40-Year Bonds to Draw High Yield of 2.125%, Survey Says

Nov. 8 (Bloomberg) -- Japan’s sale of 400 billion yen ($5 billion) in 40-year debt may have a highest-accepted yield of 2.125 percent, according to the median forecast of 13 traders surveyed by Bloomberg News.

Estimates for the highest-accepted yield ranged from 2.135 percent to 2.12 percent, according to the survey. Nine traders said 2.125 percent, two said 2.12 percent and one each reported 2.135 percent and 2.13 percent.

The Ministry of Finance will announce the results at 12:45 p.m. in Tokyo.

To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

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