41. The Ministry of Finance will likely temporarily ban Yamaichi from government bond auctions, a ministry official said today. 42. The notable exception was in the telecommunications industry, where companies needed money to build networks and to pay for wireless spectrum purchased in government auctions around the world. 43. They must also worry about paying off the cost of their licenses, which they got through government auction. 44. Those calculation will be made after the government auctions similar radio frequencies for local fixed-wireless telephone services later this year. 45. Though bidding limits apply at government securities auctions, there are no restrictions against accumulating such large amounts in the secondary market. 46. Traders look to government bond auctions to gauge investor demand for fixed-income securities. 47. Treasury securities lost early gains and ended mixed Wednesday, reflecting some disappointment over the results of a government debt auction and uncertainty about Japanese financial plans. 48. U.S. bonds dropped amid concern Japanese investors will buy fewer Treasury securities than expected at government auctions this week. 49. Wall Street firms often push bond prices lower before government debt auctions to bolster investor demand. 50. A government auction of valuable chunks of airwaves could mean new choices for cell phone service and better coverage in areas with heavy traffic. |