Official Result (MOF)
| Auction Date | 2006-04-04 |
|---|
| Issue Date | 2006-04-20 |
|---|
| Issue | JGB (10-Year) No. 278（new） |
|---|
| Coupon (%) | 1.8% |
|---|
| Maturity | 2016-03-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1.9T |
|---|
| Competitive Bids | ¥4T |
|---|
| Accepted Amount | ¥1.7T |
|---|
| Lowest Accepted Price | 99.60（1.847%） |
|---|
| Weighted Avg Price | 99.68（1.838%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥158.9B |
|---|
| Non-competitive II | ¥0M |
|---|
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２７８回） |
|---|
| Legal basis | 財政法（昭和２２年法律第３４号）第４条第１項、平成１８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１８年法律第１１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 |
|---|
| Coupon dates | 毎年３月２０日及び９月２０日 |
|---|
| Planned amount | — |
|---|
| Bid deadline | — |
|---|
| Payment date | — |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 2.29 | 2.42 | 2.69 | 2.26 | 3.56 | -0.97 |
| Tail (sen) | 8 | 4 | 2 | 1 | 4 | +6.76 |
| Non-competitive take-up | 8.4% | 0.0% | |
| Grade | E (score -3.87) | (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) | 0.9 | 0.4 |
Same-tenor Auction History