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auctions / 10Y / 2011-11-01

Official Result (MOF)

Auction Date2011-11-01
Issue Date2011-11-07
IssueJGB (10-Year) No. 318(reopen)
Coupon (%)1%
Maturity2021-09-20
Methodprice conventional
Offering¥2.2T
Competitive Bids¥6.5T
Accepted Amount¥2T
Lowest Accepted Price99.76(1.026%)
Weighted Avg Price99.77(1.025%)
Allotment Ratio
Non-competitive I¥188.4B
Non-competitive II¥181.8B

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318回)
Legal basis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項及び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 deadline2011-11-01 12:00
Payment date2011-11-07
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.263.153.062.413.97+0.45
Tail (sen)12419-1.11
Non-competitive take-up15.6%12.9%
GradeB (score +0.78)(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

3.004.002010-112011-032011-072011-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-11-01JGB (10-Year) No. 3183.2611.025
2011-10-04JGB (10-Year) No. 3183.1520.995
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