macro

Japan's Finance Ministry sells 249.8 billion yen of bonds at 2.2% yield

Japan's auction of government bonds maturing in September 2031 drew 959.9 billion yen in bids, covering the sale 3.84 times. Source: Dow Jones Newswires.

the same feed is available to bots and dashboards through the api. connect the api →

what happened

Japan's Ministry of Finance said on Monday that it had auctioned 249.8 billion yen of government bonds carrying a 2.2% coupon. The securities mature on September 20, 2031, and settle on November 4, 2026. According to Dow Jones Newswires, total bids reached 959.9 billion yen, and the bid-to-cover ratio came in at 3.84.

The auction yield was 2.2%, while the lowest accepted price was listed as 0.00. The report also shows that the lowest accepted bidder could fill 35.2066% of its planned purchase.

why it matters

A bid-to-cover ratio above 3 usually signals strong demand, with investors willing to take the bonds at the prevailing yield. Results like these give the JGB market a read on appetite for Japan's long-term debt. The figures rarely move the yen on their own, but they show how the government bond market is holding up.

tags

instruments

JGBJPY

sources

  1. Japan 2.2% Cpn At 0.00 Lowest Price To Yld 2.2% — Dow Jones Newswires, 2 November 2026 at 03:35 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

alerts on your topics, the morning digest and the api — in your account.

get stories in real time ↗