Results for Jan. 18 (Wed)

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

Outright purchases of JGBs (fixed-rate method) (residual maturity of more than 5 years and up to 10 years)**** 320 320
Outright purchases of JGBs (fixed-rate method) (residual maturity of more than 5 years and up to 10 years)***** 380 380
Securities lending facility (Sales of JGSs under repurchase agreements) /offered in the morning/same-day-start operation****** 83,984 83,984 -0.350 -0.411
Funds-Supplying Operations against Pooled Collateral (at All Offices) (Fixed rate) (Starting on Jan. 19) 1,163 1,163
Securities lending facility (Sales of JGSs under repurchase agreements) /offered in the afternoon/same-day-start operation******* 330 330 -0.350 -0.350
Outright purchases of JGBs (fixed-rate method) (residual maturity of more than 5 years and up to 10 years)******** 0 0
Outright purchases of JGBs (fixed-rate method) (residual maturity of more than 5 years and up to 10 years)********* 0 0

* 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).
**** Bonds subject to the Bank's purchases are the three on-the-run issues.
***** The bond subject to the Bank's purchases is the cheapest-to-deliver issue.
****** 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): 2-year JGB #423 (47); #426 (76); #431 (570); #441 (12); #443 (722); #444 (11); 5-year JGB #146 (391); #149 (148); 10-year JGB #350 (139); #351 (200); #352 (344); #354 (15); #355 (431); #356 (564); #357 (720); #358 (27,629); #359 (4,776); #360 (3,445); #361 (2,952); #362 (300); #364 (93); #365 (4,781); #366 (3,238); #367 (16,510); #368 (10,186); #369 (5,206); 20-year JGB #107 (139); #162 (20); 30-year JGB #29 (12); #60 (1); #76 (25); 40-year JGB #6 (151); Inflation-indexed bond #19 (2); #22 (4); #23 (27); #25 (47); #27 (45); and T-bill #1066 (5).
******* The securities sold through Securities lending facility (Sales of JGSs under repurchase agreements) /offered in the afternoon/same-day-start operation were as follows (amount in 100 million yen): 10-year JGB #358 (300); and #369 (30).
******** Bonds subject to the Bank's purchases are the three on-the-run issues.
********* The bond subject to the Bank's purchases is the cheapest-to-deliver issue.