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auctions / 10Y / 2011-09-01

Official Result (MOF)

Auction Date2011-09-01
Issue Date2011-09-20
IssueJGB (10-Year) No. 317(new)
Coupon (%)1.1%
Maturity2021-09-20
Methodprice conventional
Offering¥2.2T
Competitive Bids¥5.9T
Accepted Amount¥2T
Lowest Accepted Price100.13(1.085%)
Weighted Avg Price100.14(1.084%)
Allotment Ratio
Non-competitive I¥195.6B
Non-competitive II¥114B

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317回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び平成23年度における公債の発行の特例に関する法律(平成23年法律第106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62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.2T
Bid deadline2011-09-01 12:00
Payment date2011-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.973.073.052.413.97-0.19
Tail (sen)125210-1.32
Non-competitive take-up13.4%17.4%
GradeB (score +0.56)(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)0.10.2

Same-tenor Auction History

3.004.002010-092011-012011-052011-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-09-01JGB (10-Year) No. 3172.9711.084
2011-08-02JGB (10-Year) No. 3163.0721.043
2011-07-05JGB (10-Year) No. 3153.2421.169
2011-06-01JGB (10-Year) No. 3152.7041.173
2011-05-12JGB (10-Year) No. 3142.7331.128
2011-04-05JGB (10-Year) No. 3133.9721.303
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