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auctions / 10Y / 2009-02-03

Official Result (MOF)

Auction Date2009-02-03
Issue Date2009-02-06
IssueJGB (10-Year) No. 298(reopen)
Coupon (%)1.3%
Maturity2018-12-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥3.8T
Accepted Amount¥1.7T
Lowest Accepted Price99.80(1.322%)
Weighted Avg Price99.97(1.303%)
Allotment Ratio
Non-competitive I¥162.9B
Non-competitive II¥182.2B

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298回)
Legal basis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、第47条及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥1.9T
Bid deadline2009-02-03 12:00
Payment date2009-02-06
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.202.332.582.093.09-1.33
Tail (sen)17511326+0.81
Non-competitive take-up16.6%9.5%
GradeE (score -1.07)(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)1.90.5

Same-tenor Auction History

2.503.002008-022008-062008-102009-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-02-03JGB (10-Year) No. 2982.20171.303
2009-01-08JGB (10-Year) No. 2982.3351.284
2008-12-02JGB (10-Year) No. 2972.9051.382
2008-11-05JGB (10-Year) No. 2962.2871.497
2008-10-02JGB (10-Year) No. 2962.58131.525
2008-09-02JGB (10-Year) No. 2962.6641.485
2008-08-05JGB (10-Year) No. 2952.5751.530
2008-07-03JGB (10-Year) No. 2943.09121.704
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