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

JGBS AUCTION
JGBS AUCTION: PREVIEW: The Japanese Ministry of Finance (MOF) will today sell
Y500bn of JGBs with 5-15.5 Years until maturity in a liquidity enhancement
auction. JB#1-21, #81-155 & #340-358 will be on offer.
- The previous enhanced liquidity auction covering these maturities was held on
June 15. The auction saw Y498.7bn issued and was covered 3.282x at an average
spread of -0.007%, and a high spread of -0.005%, with 9.2220% of the bids
allotted at the high spread.
- JB#95 & #96 accounted for ~Y224bn of the takedown at the previous liquidity
enhancement auction that covered this maturity range of bonds, with JB#345
accounting for Y90bn of the bonds that were issued.
- 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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