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auctions / 10Y / 2007-04-03

Official Result (MOF)

Auction Date2007-04-03
Issue Date2007-04-20
IssueJGB (10-Year) No. 285(reopen)
Coupon (%)1.7%
Maturity2017-03-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥5.4T
Accepted Amount¥1.7T
Lowest Accepted Price100.35(1.658%)
Weighted Avg Price100.37(1.656%)
Allotment Ratio
Non-competitive I¥172.8B
Non-competitive II¥25.7B

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項及び平成19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19年法律第25号)第2条第1項並びに特別会計に関する法律(平成19年法律第23号)第46条第1項及び附則第76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 IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.133.912.531.703.91+1.08
Tail (sen)227233-0.62
Non-competitive take-up10.4%9.3%
GradeB (score +0.85)(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)0.20.2

Same-tenor Auction History

2.003.004.002006-042006-082006-122007-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-04-03JGB (10-Year) No. 2853.1321.656
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