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#1-18, #73-152 & #336-355 will be on offer.
- The previous enhanced liquidity auction covering these maturities was held on
November 22. The auction saw Y599.7bn issued and was covered 2.371x at an
average spread of +0.030%, and a high spread of +0.035%, with 32.5714% of the
bids allotted at the high spread.
- Dispersion of issuance was fairly well spread in the previous auction,
although JB#112 & #113 accounted for a combined Y125.2bn of the takedown.
- 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

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.