Free Trial

PREVIEW: 1- To 5-Year Liquidity Enhancement Auction Due

JGBS AUCTION

The Japanese Ministry of Finance (MOF) will today sell Y400bn of JGBs with 1-5 Years until maturity in a liquidity enhancement auction. JB#56-87, #132-146, #323-342 & #412-424 will be on offer.

  • The previous enhanced liquidity auction covering these maturities was held on March 23. The auction saw Y399.1bn issued and was covered 3.999x at an average spread of -0.003%, and a high spread of -0.002%, with 73.4497% of the bids allotted at the high spread.
  • March's auction saw ~Y75bn of the allotment allocated in JB#332, while JB#138 saw ~Y47bn of the allocation.
  • Results due at 0435BST/1235JST.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.