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auctions / 10Y / 2009-11-05

Official Result (MOF)

Auction Date2009-11-05
Issue Date2009-11-10
IssueJGB (10-Year) No. 303(reopen)
Coupon (%)1.4%
Maturity2019-09-20
Methodprice conventional
Offering¥2.1T
Competitive Bids¥4.6T
Accepted Amount¥1.9T
Lowest Accepted Price99.50(1.457%)
Weighted Avg Price99.64(1.441%)
Allotment Ratio
Non-competitive I¥170.9B
Non-competitive II¥159.6B

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303回)
Legal basis財政運営に必要な財源の確保を図るための公債の発行及び財政投融資特別会計からの繰入れの特例に関する法律(平成21年法律第17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3月20日及び9月20日
Planned amount¥2.1T
Bid deadline2009-11-05 12:00
Payment date2009-11-10
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.423.502.702.203.50-0.65
Tail (sen)1415117+2.26
Non-competitive take-up14.7%18.4%
GradeE (score -1.46)(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)1.60.1

Same-tenor Auction History

2.503.003.502008-112009-032009-072009-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-11-05JGB (10-Year) No. 3032.42141.441
2009-10-06JGB (10-Year) No. 3043.5011.257
2009-09-01JGB (10-Year) No. 3032.8821.329
2009-08-04JGB (10-Year) No. 3012.9131.452
2009-07-02JGB (10-Year) No. 3022.2631.354
2009-06-02JGB (10-Year) No. 3013.3761.527
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