TOKYO, Jan 24 (Reuters) - Japanese government bond (JGB)

futures fell on Friday after the Bank of Japan (BOJ) raised

short-term interest rates, as widely expected, at the conclusion

of its two-day monetary policy meeting.

Benchmark 10-year JGB futures fell to as low as

140.81 yen after the announcement and were last down 0.11 points

at 140.83 yen. The 10-year JGB yield was

unchanged as of 0336 GMT, up 0.5 basis point at 1.21%.

(Reporting by Junko Fujita and Brigid Riley; Editing by

Muralikumar Anantharaman)