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auctions / 10Y / 2010-11-02

Official Result (MOF)

Auction Date2010-11-02
Issue Date2010-11-08
IssueJGB (10-Year) No. 310(reopen)
Coupon (%)1%
Maturity2020-09-20
Methodprice conventional
Offering¥2.2T
Competitive Bids¥7.9T
Accepted Amount¥2T
Lowest Accepted Price100.26(0.971%)
Weighted Avg Price100.28(0.968%)
Allotment Ratio
Non-competitive I¥184.6B
Non-competitive II¥323.9B

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310回)
Legal basis平成22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22年法律第7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¥2.2T
Bid deadline2010-11-02 12:00
Payment date2010-11-08
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.912.853.142.424.18+1.41
Tail (sen)246214-1.01
Non-competitive take-up20.2%8.4%
GradeA (score +1.21)(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)0.30.4

Same-tenor Auction History

3.004.002009-112010-032010-072010-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2010-11-02JGB (10-Year) No. 3103.9120.968
2010-10-07JGB (10-Year) No. 3112.8540.839
2010-09-01JGB (10-Year) No. 3103.16101.049
2010-08-03JGB (10-Year) No. 3094.1821.060
2010-07-06JGB (10-Year) No. 3092.7651.116
2010-06-01JGB (10-Year) No. 3083.8561.283
2010-05-11JGB (10-Year) No. 3073.5251.321
2010-04-06JGB (10-Year) No. 3062.5221.397
2010-03-02JGB (10-Year) No. 3063.4021.329
2010-02-02JGB (10-Year) No. 3053.6231.348
2010-01-06JGB (10-Year) No. 3052.5851.339
2009-12-01JGB (10-Year) No. 3052.8191.246
2009-11-05JGB (10-Year) No. 3032.42141.441