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auctions / 10Y / 2007-03-01

Official Result (MOF)

Auction Date2007-03-01
Issue Date2007-03-20
IssueJGB (10-Year) No. 285(new)
Coupon (%)1.7%
Maturity2017-03-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥6.7T
Accepted Amount¥1.7T
Lowest Accepted Price100.27(1.668%)
Weighted Avg Price100.29(1.666%)
Allotment Ratio
Non-competitive I¥175.5B
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285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 IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.912.762.411.703.12+4.03
Tail (sen)237233-0.64
Non-competitive take-up9.3%13.1%
GradeA (score +2.34)(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)0.20.3

Same-tenor Auction History

2.003.004.002006-032006-072006-112007-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-03-01JGB (10-Year) No. 2853.9121.666
2007-02-01JGB (10-Year) No. 2842.7631.701
2007-01-10JGB (10-Year) No. 2842.4761.728
2006-12-05JGB (10-Year) No. 2842.3261.634
2006-11-07JGB (10-Year) No. 2832.6371.741
2006-10-03JGB (10-Year) No. 2823.1251.733
2006-09-05JGB (10-Year) No. 2821.70331.719
2006-08-01JGB (10-Year) No. 2802.6721.931
2006-07-04JGB (10-Year) No. 2812.4631.981
2006-06-01JGB (10-Year) No. 2801.8471.897
2006-05-09JGB (10-Year) No. 2792.1821.967
2006-04-04JGB (10-Year) No. 2782.2981.838
2006-03-02JGB (10-Year) No. 2772.4241.622