Japan’s Ministry of Finance auctioned treasury discount bill issue 1419 on November 13, to be issued on November 16 and to mature on February 22, 2027. Competitive bids totalled 9,335.00 billion yen and the ministry accepted 2,392.76 billion yen, at a weighted average price of 99.6598 per 100 yen for an average yield of 1.2713 percent; the lowest accepted price was 99.6575, a yield of 1.2800 percent, with 60.7960 percent of bids at that price allotted. A further 707.20 billion yen was allotted in the non-price-competitive auction for JGB market special participants, taking the total sold to about 3,100 billion yen, the amount the ministry had announced for this sale.
Japan bill auction clears at average yield of 1.2713 percent
Japan's Ministry of Finance sold treasury discount bill issue 1419 on November 13 at a weighted average price of 99.6598 per 100 yen, an average yield of 1.2713 percent, accepting 2,392.76 billion yen of competitive bids.
Why it matters: Bill yields above 1.27 percent show how far Japanese front-end rates have risen as the Bank of Japan normalises, and the auction was covered about 3.9 times, a comfortable result for the ministry's weekly funding.
Data as of Japan Ministry of Finance auction result of November 13, 2026 (Tokyo time), read in full on the ministry site. All figures are the ministry's own; the roughly 3.9 times cover is computed from its bid and acceptance amounts, which the ministry does not itself publish as a ratio. Developing item.
Sources
- Auction Result of Treasury Discount Bills on November 13, 2026 - Japan Ministry of Finance - 2026-11-13