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JGBS AUCTION: The Japanese Ministry of Finance (MOF) sells Y599.7bn of 5-15.5
Year JGBs in a liquidity enhancement auction:
- Average Spread: +0.030% (prev. +0.012%)
- High Spread: +0.035% (prev. +0.014%)
- % Allotted At High Spread: 32.5714% (prev. 54.3325%)
- Bid/Cover: 2.371x (prev. 2.680x)