The Japanese government will auction 40-year JGBs on November 27, 2024, aiming to raise around 700 billion yen. The bonds will be issued on November 28, 2024, and mature on March 20, 2064.
The auction will be conducted using a Dutch auction method with a bid interval of 0.5 basis points, according to the Ministry of Finance report published on Wednesday.
Attribution: Ministry of Finance report
Subediting: M. S. Salama