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auctions / 10Y / 2014-08-05

Official Result (MOF)

Auction Date2014-08-05
Issue Date2014-08-07
IssueJGB (10-Year) No. 334(reopen)
Coupon (%)0.6%
Maturity2024-06-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥9.3T
Accepted Amount¥2.2T
Lowest Accepted Price100.72(0.523%)
Weighted Avg Price100.73(0.522%)
Allotment Ratio
Non-competitive I¥217.5B
Non-competitive II¥281.3B

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334回)
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項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.4T
Bid deadline2014-08-05 12:00
Payment date2014-08-07
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.293.433.713.214.76+1.54
Tail (sen)11213-0.77
Non-competitive take-up18.6%9.9%
GradeA (score +1.16)(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)0.10.1

Same-tenor Auction History

4.002013-082013-122014-042014-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2014-08-05JGB (10-Year) No. 3344.2910.522
2014-07-03JGB (10-Year) No. 3343.4310.562
2014-06-03JGB (10-Year) No. 3343.7410.608
2014-05-08JGB (10-Year) No. 3333.5420.602
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