Announcement of Treasury Bills (1332nd Issue) Auction Results (Conducted September 17)

Auction Implementation Overview

The Ministry of Finance conducted price competitive auctions and JGB market special participants' first non-price competitive auctions for Treasury Bills (1332nd series) on September 17, Reiwa 7 (2025), making successful bid decisions. Treasury Bills serve an important role as short-term fund raising instruments with one-year maturity.

Issuance Terms

Bond Name: Treasury Bills (1332nd series) Issue Date: September 22, Reiwa 7 (2025) Maturity Date: September 24, Reiwa 8 (2026) (approximately 1-year maturity) Issuance Basis: Special Account Act Article 46, Paragraph 1

Price Competitive Auction Results

Tender Amount: 8,396.5 billion yen (extremely high bid-to-cover ratio) Successful Bid Amount: 2,607.26 billion yen Lowest Successful Bid Price: 99 yen 26 sen 7 rin (highest successful bid yield 0.7343%) Average Successful Bid Price: 99 yen 27 sen 4 rin (average successful bid yield 0.7273%) Lowest Price Pro-rata Ratio: 62.6777%

Non-Price Competitive Auction Results

JGB Market Special Participants' First Non-Price Competitive Auction

  • Successful Bid Amount: 592.7 billion yen
  • Issue Price: 99 yen 27 sen 4 rin (0.7273%)

Total issuance amount reached approximately 3.2 trillion yen, fulfilling liquidity supply in short-term financial markets and government fund raising needs. Strong investor demand has been confirmed in the low interest rate environment.

※ This summary was automatically generated by AI. Please refer to the original article for accuracy.

Related Articles