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PREVIEW: Liquidity Enhancement Auction for OTR 5- to 15.5-Year Paper Due

JGBS

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#1-27, #97-163 & #348-366 will be on offer.

  • The previous enhanced liquidity auction covering these maturities was held on Aug 23. The auction saw Y498.7bn issued and was covered 3.629x at an average spread of -0.003%, and a high spread of -0.002%, with 57.3502% of the bids allotted at the high spread.
  • Results due at 0435BST/1235JST.

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