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auctions / 10Y / 2009-04-02

Official Result (MOF)

Auction Date2009-04-02
Issue Date2009-04-07
IssueJGB (10-Year) No. 299(reopen)
Coupon (%)1.3%
Maturity2019-03-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥4T
Accepted Amount¥1.7T
Lowest Accepted Price99.48(1.359%)
Weighted Avg Price99.53(1.353%)
Allotment Ratio
Non-competitive I¥176.1B
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299回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び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
Coupon dates毎年3月20日及び9月20日
Planned amount¥1.9T
Bid deadline2009-04-02 12:00
Payment date2009-04-07
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.332.932.542.093.09-0.70
Tail (sen)5312326-0.85
Non-competitive take-up9.3%8.8%
GradeC (score +0.08)(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)0.60.4

Same-tenor Auction History

2.503.002008-042008-082008-122009-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-04-02JGB (10-Year) No. 2992.3351.353
2009-03-03JGB (10-Year) No. 2992.9331.296
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