That should also help the finance ministry sell ?500 billion (US$4.16 million) in 20-year bonds, with a likely 1.9 percent coupon on Tuesday, Shiraishi said.
Those are the same conditions as debt sold April 3, which garnered bids equal to 2.56 times the amount of debt on offer, the highest bid-cover ratio for a new 20-year bond since October 1998.
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