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auctions / 10Y / 2012-11-01

Official Result (MOF)

Auction Date2012-11-01
Issue Date2012-11-05
IssueJGB (10-Year) No. 325(reopen)
Coupon (%)0.8%
Maturity2022-09-20
Methodprice conventional
Offering¥2.3T
Competitive Bids¥8.5T
Accepted Amount¥2.1T
Lowest Accepted Price100.20(0.778%)
Weighted Avg Price100.21(0.777%)
Allotment Ratio
Non-competitive I¥199B
Non-competitive II¥130.6B

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325回)
Legal basis財政法(昭和22年法律第34号)第4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、第47条及び第62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.3T
Bid deadline2012-11-01 12:00
Payment date2012-11-05
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.053.403.092.473.74+2.50
Tail (sen)12217-0.59
Non-competitive take-up13.6%7.8%
GradeA (score +1.54)(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

3.004.002011-112012-032012-072012-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-11-01JGB (10-Year) No. 3254.0510.777
2012-10-04JGB (10-Year) No. 3253.4020.767
2012-09-04JGB (10-Year) No. 3252.8410.806
2012-08-02JGB (10-Year) No. 3242.6420.772
2012-07-03JGB (10-Year) No. 3243.1020.836
2012-06-05JGB (10-Year) No. 3232.9570.856
2012-05-08JGB (10-Year) No. 3223.7410.863
2012-04-03JGB (10-Year) No. 3212.7311.007
2012-03-01JGB (10-Year) No. 3213.2610.973
2012-02-02JGB (10-Year) No. 3203.7210.963
2012-01-12JGB (10-Year) No. 3202.9910.965
2011-12-01JGB (10-Year) No. 3192.4751.085
2011-11-01JGB (10-Year) No. 3183.2611.025