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auctions / 10Y / 2008-06-03

Official Result (MOF)

Auction Date2008-06-03
Issue Date2008-06-20
IssueJGB (10-Year) No. 293(new)
Coupon (%)1.8%
Maturity2018-06-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥3.7T
Accepted Amount¥1.7T
Lowest Accepted Price99.80(1.823%)
Weighted Avg Price99.99(1.801%)
Allotment Ratio
Non-competitive I¥145.5B
Non-competitive II¥183.3B

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293回)
Legal basis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項及び平成20年度における公債の発行の特例に関する法律(平成20年法律第24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項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥1.9T
Bid deadline2008-06-03 12:00
Payment date2008-06-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.092.452.772.343.20-2.53
Tail (sen)19267126+1.44
Non-competitive take-up15.8%15.2%
GradeE (score -1.98)(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)2.23.1

Same-tenor Auction History

2.503.002007-062007-102008-022008-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-06-03JGB (10-Year) No. 2932.09191.801
2008-05-08JGB (10-Year) No. 2922.45261.663
2008-04-01JGB (10-Year) No. 2912.34241.322
2008-03-04JGB (10-Year) No. 2902.7831.371
2008-02-05JGB (10-Year) No. 2892.9041.460
2008-01-09JGB (10-Year) No. 2892.4831.444
2007-12-04JGB (10-Year) No. 2893.1911.478
2007-11-01JGB (10-Year) No. 2883.0611.664
2007-10-02JGB (10-Year) No. 2882.7141.681
2007-09-04JGB (10-Year) No. 2882.7751.645
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