Japan’s Ministry of Finance accepted ¥2.547 trillion in Treasury discount bill bids Friday, Oct. 23, at a lowest accepted yield of 1.2762%, setting terms for debt due Feb. 1, 2027.
Competitive bids totaled ¥9,771.40 billion, while the ministry accepted ¥2,547.38 billion. The lowest accepted price was ¥99.6585 per ¥100. Bids at that price received a 67.7052% allotment rate.
The weighted-average price was ¥99.6607 per ¥100, equivalent to a 1.2680% yield. The result also records ¥752.60 billion for a non-price competitive Auction I for Japanese government bond (JGB) market special participants. The bills are scheduled for issuance Oct. 26.
The ministry has scheduled its next Treasury discount bill auction for Oct. 29, with ¥3.3 trillion planned for issuance Nov. 2. Those bills are due Feb. 8, 2027. The ministry announced the schedule Oct. 22; EconoTimes previously covered the planned auction.
