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PREVIEW: 15.5- To 39-Year Liquidity Enhancement Auction Due

JGBS AUCTION

The Japanese Ministry of Finance (MOF) will today sell Y500bn of JGBs with 15.5-39 Years until maturity in a liquidity enhancement auction. JB#1-13, #26-70 & #160-176 will be on offer.

  • The previous enhanced liquidity auction covering these maturities was held on June 15. The auction saw Y498.8bn issued and was covered 2.184x at an average spread of +0.005%, and a high spread of +0.008%, with 72.7804% of the bids allotted at the high spread.
  • JB#13 accounted for Y100bn of the takedown, while JB#68 accounted for ~Y140bn of the takedown.
  • 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

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