Results for Mar. 8 (Tue)

Bank of Japan
Financial Markets Department

(100 million yen, percent per annum)
Instrument	Amounts of Competitive Bid^*	Amounts of Successful Bid^*	Pro-rata Rate/Yield Spread^ /Price Spread^*	Non-pro- rata Rate/Yield Spread^ /Price Spread^*	Average Successful Bid Rate/Yield Spread^ /Price Spread^*	Allocation on a Pro- rata Basis Rate

Purchases of JGSs under repurchase agreements (Starting on Mar. 9)	71,300	30,000	-0.100		-0.093	17.4
Outright purchases of T-Bills	22,786	5,002	0.002		0.003	44.0
US Dollar Funds-Supplying Operations against Pooled Collateral (Starting on Mar. 10)	4	4
Securities lending facility (Sales of JGSs under repurchase agreements) /offered in the morning/same-day-start operation^****	128	128		-0.350	-0.350
Securities lending facility (Sales of JGSs under repurchase agreements) /offered in the afternoon/same-day-start operation^*****	9	9		-0.350	-0.350

* For the case of US Dollar Funds-Supplying Operations against Pooled Collateral, the figures are represented in million U.S. dollars.

** These figures represent the yield spreads in Outright purchases of T-Bills, Outright sales of T-Bills, Outright purchases of JGBs (residual maturity of up to 1 year, more than 1 year and up to 5 years, more than 1 year and up to 3 years, more than 3 years and up to 5 years, more than 5 years and up to 10 years, more than 10 years, more than 10 years and up to 25 years, and more than 25 years).

*** These figures represent the price spreads in Outright purchases of JGBs (floating-rate bonds and inflation-indexed bonds) (unit of price spread is yen).

**** The securities sold through Securities lending facility (Sales of JGSs under repurchase agreements) /offered in the morning/same-day-start operation were as follows (amount in 100 million yen): 10-year JGB #363 (39); and 20-year JGB #99 (89).

***** 20-year JGB #118 was sold through Securities lending facility (Sales of JGSs under repurchase agreements) /offered in the afternoon/same-day-start operation.