Official Result (MOF)
| Auction Date | 2012-04-03 |
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| Issue Date | 2012-04-06 |
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| Issue | JGB (10-Year) No. 321（reopen） |
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| Coupon (%) | 1% |
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| Maturity | 2022-03-20 |
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| Method | price conventional |
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| Offering | ¥2.3T |
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| Competitive Bids | ¥5.7T |
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| Accepted Amount | ¥2.1T |
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| Lowest Accepted Price | 99.92（1.008%） |
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| Weighted Avg Price | 99.93（1.007%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥198.4B |
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| Non-competitive II | ¥0M |
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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321回） |
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| Legal basis | 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 |
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| Coupon dates | 毎年3月20日及び9月20日 |
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| Planned amount | ¥2.3T |
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| Bid deadline | 2012-04-03 12:00 |
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| Payment date | 2012-04-06 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 2.73 | 3.26 | 3.13 | 2.47 | 3.97 | -0.99 |
| Tail (sen) | 1 | 1 | 2 | 1 | 5 | -0.86 |
| Non-competitive take-up | 8.6% | 17.5% | |
| Grade | C (score -0.06) | (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) | 0.1 | 0.1 |
Same-tenor Auction History