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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
February 14. The auction saw Y597.9bn issued and was covered 2.665x at an
average spread of +0.003%, and a high spread of +0.005%, with 38.5105% of the
bids allotted at the high spread.
- Results due at 0335GMT/1235JST.