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PREVIEW: Japanese MOF to sell Y2.8tn of 2-Year JGBs opening JB#436

JGBS AUCTION

The Japanese MOF will today sell Y2.8tn of 2-Year JGBs opening JB#436. The MOF last sold 2-Year debt on March 31, the auction drew cover of 5.427x at an average yield of -0.025%, average price of 100.062, high yield of -0.022%, low price of 100.055, with 29.0225% of bids allotted at the high yield.

  • Results due at 0435BST/1235JST

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