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auctions / 10Y / 2004-11-02

Official Result (MOF)

Auction Date2004-11-02
Issue Date2004-11-22
IssueJGB (10-Year) No. 264(reopen)
Coupon (%)1.5%
Maturity2014-09-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥103.8T
Accepted Amount¥1.6T
Lowest Accepted Price99.70(1.534%)
Weighted Avg Price99.74(1.529%)
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264回)
Legal basis平成16年度における財政運営のための公債の発行の特例等に関する法律(平成16年法律第22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
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/Cover65.3264.7419.311.9965.75+1.79
Tail (sen)418142-0.32
Non-competitive take-up0.0%0.0%
GradeA (score +1.06)(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)0.50.1

Same-tenor Auction History

0.0025.0050.002003-112004-032004-072004-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2004-11-02JGB (10-Year) No. 26465.3241.529
2004-10-05JGB (10-Year) No. 26464.7411.527
2004-09-02JGB (10-Year) No. 26365.7511.512
2004-08-03JGB (10-Year) No. 2628.7421.850
2004-07-06JGB (10-Year) No. 2613.0041.748
2004-06-01JGB (10-Year) No. 26059.4111.512
2004-05-11JGB (10-Year) No. 2592.3451.500
2004-04-06JGB (10-Year) No. 2592.7661.464
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