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auctions / 10Y / 2009-05-12

Official Result (MOF)

Auction Date2009-05-12
Issue Date2009-05-15
IssueJGB (10-Year) No. 300(new)
Coupon (%)1.5%
Maturity2019-03-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥4.4T
Accepted Amount¥1.7T
Lowest Accepted Price100.39(1.454%)
Weighted Avg Price100.42(1.451%)
Allotment Ratio
Non-competitive I¥156.9B
Non-competitive II¥251.6B

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300回)
Legal basis財政法(昭和22年法律第34号)第4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3月20日及び9月20日
Planned amount¥1.9T
Bid deadline2009-05-12 12:00
Payment date2009-05-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.542.332.532.093.09+0.04
Tail (sen)3510326-1.01
Non-competitive take-up19.1%9.3%
GradeB (score +0.52)(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)0.30.6

Same-tenor Auction History

2.503.002008-052008-092009-012009-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-05-12JGB (10-Year) No. 3002.5431.451
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