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

JGBS AUCTION
JGBS AUCTION: PREVIEW: The Japanese Ministry of Finance (MOF) will today sell
Y400bn of JGBs with 1-5 Years until maturity in a liquidity enhancement auction.
JB#51-77, #128-142, #315-338 & #400-411 will be on offer.
- The previous enhanced liquidity auction covering these maturities was held on
March 24. The auction saw Y399.3bn issued and was covered 4.329x at an average
spread of -0.029%, and a high spread of -0.021%, with 8.9795% of the bids
allotted at the high spread.
- JB#70 dominated takedown at the prior auction, accounting for Y200bn of the
issuance alone.
- 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

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