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JGBs subdued on lackluster demand after 10-year auction

TOKYO, May 9 (Reuters) - Japanese government bond (JGBs) prices were little changed on Thursday as demand remained lackluster following the previous session's 10-year debt auction.

The 20-year JGB yield edged up half a basis point to 0.360 percent, while the 40-year yield shed 0.5 basis point to 0.560 percent.

Benchmark 10-year JGB futures ticked up 0.02 point to 152.79, with trading volume of 25,848 lots by late afternoon trade.

The Bank of Japan offered to buy 480 billion yen ($4.37 billion) of five- to 10-year bonds at a regular debt-purchasing operation on Thursday.

($1 = 109.96 yen) (Reporting by Tokyo Markets team; Editing by Sam Holmes)