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auctions / 10Y / 2002-11-21

Official Result (MOF)

Auction Date2002-11-21
Issue Date2002-12-20
IssueJGB (10-Year) No. 244(new)
Coupon (%)1%
Maturity2012-12-20
Methodprice conventional
Offering¥1.8T
Competitive Bids¥3.9T
Accepted Amount¥1.3T
Lowest Accepted Price99.90(1.011%)
Weighted Avg Price99.93(1.007%)
Allotment Ratio
Non-competitive I
Non-competitive II

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Offering Terms (from MOF notice) documents →

Official name利付国庫債券(10年)(第244回)
Legal basis平成14年度における財政運営のための公債の発行の特例 及びその条項 等に関する法律(平成14年法律第20号)第2条第1項 及び国債整理基金特別会計法(明治39年法律第6号)第 5条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount
Bid deadline
Payment date
Non-competitive II
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.933.344.771.0011.35-0.52
Tail (sen)347053-0.25
Non-competitive take-up0.0%0.0%
GradeC (score -0.13)(z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor
Yield tail (bp)0.40.4

Same-tenor Auction History

5.0010.002001-112002-032002-072002-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2002-11-21JGB (10-Year) No. 2442.9331.007
2002-10-22JGB (10-Year) No. 2433.3441.029
2002-09-20JGB (10-Year) No. 2421.00531.202
2002-08-21JGB (10-Year) No. 2412.6021.241
2002-07-23JGB (10-Year) No. 2402.7221.241
2002-06-25JGB (10-Year) No. 2409.4541.289
2002-05-22JGB (10-Year) No. 23910.1401.365
2002-04-23JGB (10-Year) No. 2382.3321.380
2002-03-20JGB (10-Year) No. 2373.5731.399
2002-02-21JGB (10-Year) No. 2372.0241.495
2002-01-29JGB (10-Year) No. 2361.6221.378
2002-01-09JGB (10-Year) No. 23511.3501.315
2001-11-21JGB (10-Year) No. 2357.0731.311