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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#1-19, #75-153 & #338-356 will be on offer.
- The previous enhanced liquidity auction covering these maturities was held on
January 22. The auction saw Y597.2bn issued and was covered 2.971x at an average
spread of 0.000%, and a high spread of +0.002%, with 58.5686% of the bids
allotted at the high spread.
- JB#150 saw Y108.9bn of the takedown at last month's auction, with clusters of
demand for JB#92, JB#94-95, JB#113, JB#121-122 also seen.
- 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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