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auctions / 10Y / 2013-02-05

Official Result (MOF)

Auction Date2013-02-05
Issue Date2013-02-07
IssueJGB (10-Year) No. 327(reopen)
Coupon (%)0.8%
Maturity2022-12-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥6T
Accepted Amount¥2.2T
Lowest Accepted Price100.02(0.797%)
Weighted Avg Price100.04(0.795%)
Allotment Ratio
Non-competitive I¥213.6B
Non-competitive II¥339.2B

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327回)
Legal basis財政運営に必要な財源の確保を図るための公債の発行の特例に関する法律(平成24年法律第101号)第2条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.4T
Bid deadline2013-02-05 12:00
Payment date2013-02-07
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.753.523.322.644.05-1.26
Tail (sen)22217+0.05
Non-competitive take-up20.2%15.3%
GradeD (score -0.66)(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)0.20.3

Same-tenor Auction History

3.003.504.002012-022012-062012-102013-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2013-02-05JGB (10-Year) No. 3272.7520.795
2013-01-08JGB (10-Year) No. 3273.5220.822
2012-12-04JGB (10-Year) No. 3263.8520.730
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