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auctions / 10Y / 2014-04-01

Official Result (MOF)

Auction Date2014-04-01
Issue Date2014-04-03
IssueJGB (10-Year) No. 333(reopen)
Coupon (%)0.6%
Maturity2024-03-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥10.4T
Accepted Amount¥2.2T
Lowest Accepted Price99.66(0.636%)
Weighted Avg Price99.68(0.634%)
Allotment Ratio
Non-competitive I¥219.3B
Non-competitive II¥354.4B

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333回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び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¥2.4T
Bid deadline2014-04-01 12:00
Payment date2014-04-03
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.763.523.462.414.01+3.22
Tail (sen)223110-0.23
Non-competitive take-up20.9%10.6%
GradeA (score +1.73)(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

3.004.002013-042013-082013-122014-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2014-04-01JGB (10-Year) No. 3334.7620.634
2014-03-04JGB (10-Year) No. 3333.5220.597
2014-02-04JGB (10-Year) No. 3323.2130.596
2014-01-07JGB (10-Year) No. 3323.8410.719
2013-12-05JGB (10-Year) No. 3324.0110.648
2013-11-06JGB (10-Year) No. 3313.6910.605
2013-10-01JGB (10-Year) No. 3303.7410.682
2013-09-03JGB (10-Year) No. 3303.5010.765
2013-08-01JGB (10-Year) No. 3293.5120.800
2013-07-02JGB (10-Year) No. 3292.4120.883
2013-06-04JGB (10-Year) No. 3293.14100.860
2013-05-01JGB (10-Year) No. 3283.7120.597
2013-04-02JGB (10-Year) No. 3283.2250.553