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PREVIEW: 5-15.5 Year Liquidity Enhancement Auction Due

JGBS AUCTION

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#1-23, #85-157 & #342-360 will be on offer.

  • The previous enhanced liquidity auction covering these maturities was held on January 15. The auction saw Y497.6bn issued and was covered 4.597x at an average spread of -0.008%, and a high spread of -0.008%, with 57.7176% of the bids allotted at the high spread.
  • Last month's liquidity enhancement auction saw a clustered round of takedown with JB#342, #344, #345 & #346 accounting for a cumulative Y302.6bn of the allotment.
  • 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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