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TOKYO, Jan 16 (Reuters) - Japanese government bond prices eked out gains on Wednesday, buoyed by a drop in Tokyo stocks that stoked investor appetite for safe-haven debt.
The five-year JGB yield fell 1 basis point to minus 0.155 percent and the 10-year yield dipped half a basis point to 0.005 percent.
The 30-year yield declined half a basis point to 0.690 percent.
With the broader bond market on the front foot, Wednesday's 2 trillion yen ($18.43 billion) five-year JGB auction attracted ample investor demand.
The bid-to-cover ratio, a gauge of demand, at the auction rose to 5.15 from 3.84 at the previous sale last month.
Japanese shares slid on Wednesday, with the Nikkei down 0.6 percent, amid profit-taking following a three-week rally.
($1 = 108.5100 yen) (Reporting by the Tokyo markets team, Editing by Sherry Jacob-Phillips)