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JGBS AUCTION: The Japanese Ministry of Finance (MOF) sells Y598.5bn of 5-15.5
Year JGBs in a liquidity enhancement auction:
- Average Spread: +0.012% (prev. +0.038%)
- High Spread: +0.014% (prev. +0.043%)
- % Allotted At High Spread: 54.3325% (prev. 43.4516%)
- Bid/Cover: 2.680x (prev. 2.786x)