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JGBS AUCTION: PREVIEW: The Japanese Ministry of Finance (MOF) will today sell Y500bn of JGBs with 5-15.5 Years until maturity in a liquidity enhancement auction. JB#1-21, #81-155 & #340-358 will be on offer.
- The previous enhanced liquidity auction covering these maturities was held on July 14. The auction saw Y497.4bn issued and was covered 3.900x at an average spread of -0.008%, and a high spread of -0.007%, with 42.6808% of the bids allotted at the high spread.
- Results due at 0435BST/1235JST.