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auctions / 10Y / 2011-03-01

Official Result (MOF)

Auction Date2011-03-01
Issue Date2011-03-22
IssueJGB (10-Year) No. 313(new)
Coupon (%)1.3%
Maturity2021-03-20
Methodprice conventional
Offering¥2.2T
Competitive Bids¥5.8T
Accepted Amount¥2T
Lowest Accepted Price99.82(1.320%)
Weighted Avg Price99.91(1.310%)
Allotment Ratio
Non-competitive I¥188.8B
Non-competitive II¥148B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.912.693.192.414.18-0.49
Tail (sen)965210+1.76
Non-competitive take-up14.4%20.2%
GradeE (score -1.13)(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)1.00.7

Same-tenor Auction History

3.004.002010-032010-072010-112011-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-03-01JGB (10-Year) No. 3132.9191.310
2011-02-01JGB (10-Year) No. 3122.6961.236
2011-01-06JGB (10-Year) No. 3122.9941.214
2010-12-01JGB (10-Year) No. 3122.4181.189
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