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The Japanese Ministry of Finance.......>

JGBS AUCTION
JGBS AUCTION: The Japanese Ministry of Finance (MOF) will today hold an ehnanced
liquidity auction for Y550bln of existing JGB's with a remaining life of 5-15.5
Year JGB's.
- Eligible issues: 
- No.328-348 of outstanding 10-year JGBs
- No.61-145 of outstanding 20-year JGBs
- No.1-11 of outstanding 30-year JGBs
- At the previous enhanced liquidity auction for this maturity on 22 December
the MOF sold Y549.6bln at an average spread of -0.017%, a high spread of -0.015%
and was covered 3.13x.
- At the last auction issue #64 (originally sold as a 20-Year JGB) had the
biggest takedown at Y270bln, issue #330 (originally sold as 10-Year JGB) was the
next biggest at Y58.3bln.

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