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auctions / 10Y / 2007-08-02

Official Result (MOF)

Auction Date2007-08-02
Issue Date2007-08-20
IssueJGB (10-Year) No. 286(reopen)
Coupon (%)1.8%
Maturity2017-06-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥4.6T
Accepted Amount¥1.7T
Lowest Accepted Price99.87(1.815%)
Weighted Avg Price99.91(1.810%)
Allotment Ratio
Non-competitive I¥170.6B
Non-competitive II¥60.9B

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286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6月20日及び12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/Cover2.652.682.881.704.03-0.37
Tail (sen)497133-0.31
Non-competitive take-up11.8%8.3%
GradeC (score -0.03)(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)0.51.1

Same-tenor Auction History

2.003.004.002006-082006-122007-042007-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-08-02JGB (10-Year) No. 2862.6541.810
2007-07-03JGB (10-Year) No. 2872.6891.879
2007-06-05JGB (10-Year) No. 2863.2011.809
2007-05-08JGB (10-Year) No. 2854.0331.650
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