Free Trial

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#1-16, #70-150 & #334-353 will be on offer.
- The previous enhanced liquidity auction covering these maturities was held on
April 18. The auction saw Y600bn offered and was covered 3.539x at an average
spread of -0.011%, and a high spread of -0.010% with 18.9189% of the bids
allotted at the high spread.
- 10-Year JB#339, accounted for ~Y144bn of the total issuance at last month's
auction, representing the largest allocation to an individual JGB line, while
10-Year JB#334 accounted for ~Y94bn of the takedown.
- Results due at 0435BST/1235JST.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.