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Japan Sets Oct. 29 Auction for ¥2.8 Trillion in Two-Year JGBs

The bonds are due to be issued Nov. 2 and mature Nov. 1, 2028.

Updated 1 min read
Pedestrians pass the Ministry of Finance in Tokyo on an overcast autumn morning. / EconoTimes.ai
Pedestrians pass the Ministry of Finance in Tokyo on an overcast autumn morning. / EconoTimes.ai

Japan’s planned two-year Japanese government bond (JGB) offering will total about ¥2.8 trillion, with the Ministry of Finance scheduling the auction for Oct. 29 and issuance for Nov. 2.

The ministry’s Oct. 22 announcement sets the bonds’ maturity for Nov. 1, 2028. The Ministry of Finance has also scheduled a separate ¥3.3 trillion Treasury Discount Bill auction for the same day.

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