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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, #27-71 & #161-177 will be on offer.

  • The previous enhanced liquidity auction covering these maturities was held on October 25. The auction saw Y498.8bn issued and was covered 2.245x at an average spread of +0.007%, and a high spread of +0.009%, with 54.7058% of the bids allotted at the high spread.
  • JB#8-13 accounted for a cumulative ~Y159bn of the takedown in the October auction, while JB#48-50 accounted for a cumulative ~Y95bn of the supply.
  • Results due at 0335GMT/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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