Liquidity Provision (438th Series) Auction Schedule - 650 Billion Yen Scheduled September 12

Ministry of Finance announced Liquidity Provision 438th series auction schedule. Auction date September 12, 2025, issue date September 16, 2025. Target issues include 10-year government bonds (360th-378th series), 20-year bonds (121st-175th series), and 30-year bonds (4th-33rd series). Planned issue amount approximately 650 billion yen face value. Liquidity provision aims to improve secondary market liquidity for outstanding government bonds through regular auctions. This mechanism supports both government bond market stability and enhanced trading activity in secondary markets. Expected to further improve market liquidity across 10-year, 20-year, and 30-year bond maturities.