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auctions / 10Y / 2004-03-02

Official Result (MOF)

Auction Date2004-03-02
Issue Date2004-03-22
IssueJGB (10-Year) No. 258(new)
Coupon (%)1.3%
Maturity2014-03-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥3T
Accepted Amount¥1.5T
Lowest Accepted Price99.50(1.356%)
Weighted Avg Price99.92(1.309%)
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258回)
Legal basis財政法(昭和22年法律第34号)第4条第1項、平成15年度における公債の発行の特例に関する法律(平成15年法律第18号)第2条第1項及び財政融資資金特別会計法(昭和26年法律第101号)第11条第1項並びに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項及び第5条ノ2
Coupon dates毎年3月20日及び9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/Cover1.992.633.841.6815.37-0.53
Tail (sen)42214290+1.20
Non-competitive take-up0.0%0.0%
GradeD (score -0.86)(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)4.70.3

Same-tenor Auction History

5.0010.0015.002003-032003-072003-112004-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2004-03-02JGB (10-Year) No. 2581.99421.309
2004-02-03JGB (10-Year) No. 2572.6321.263
2004-01-08JGB (10-Year) No. 2562.5351.320
2003-12-02JGB (10-Year) No. 2562.4671.380
2003-11-06JGB (10-Year) No. 25515.37151.511
2003-10-02JGB (10-Year) No. 2542.35161.433
2003-09-02JGB (10-Year) No. 2533.10111.518
2003-08-05JGB (10-Year) No. 2522.66100.983
2003-07-03JGB (10-Year) No. 2511.68900.965
2003-06-03JGB (10-Year) No. 2503.1630.470
2003-05-08JGB (10-Year) No. 2493.4540.548
2003-04-03JGB (10-Year) No. 2483.3520.628
2003-03-04JGB (10-Year) No. 2473.3440.758