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PREVIEW: The Japanese Ministry of......>

JGBS AUCTION
JGBS AUCTION: PREVIEW: The Japanese Ministry of Finance (MOF) will today sell
Y600bn of JGBs with 5-15.5 years until maturity in a liquidity enhancement
auction. JB#1-15, #67-149 & #333-352 will be on offer.
- The previous enhanced liquidity auction covering these maturities was held on
January 18. The auction saw Y600bn offered and was covered 3.495x at an average
spread of +0.008%, and a high spread of +0.009% with 76.9050% of the bids
allotted at the high spread.
- The takedown was dominated by 10-Year JB#333-335, with those lines accounting
for ~Y250bn 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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