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PREVIEW: 5- To 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#1-26, #93-161 & #346-364 will be on offer.

  • The previous enhanced liquidity auction covering these maturities was held on January 21. The auction saw Y499.3bn issued and was covered 3.516x at an average spread of -0.020%, and a high spread of -0.017%, with 10.1289% of the bids allotted at the high spread.
  • JB#158 enjoyed the largest takedown of the lines on offer last time around, accounting for Y160.5bn of the issuance.
  • 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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