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auctions / 10Y / 2015-08-04

Official Result (MOF)

Auction Date2015-08-04
Issue Date2015-08-06
IssueJGB (10-Year) No. 339(reopen)
Coupon (%)0.4%
Maturity2025-06-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥6.2T
Accepted Amount¥2.2T
Lowest Accepted Price99.96(0.404%)
Weighted Avg Price100.00(0.400%)
Allotment Ratio
Non-competitive I¥204.8B
Non-competitive II¥346.7B

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339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
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.4T
Bid deadline2015-08-04 12:00
Payment date2015-08-06
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.842.623.092.244.29-0.44
Tail (sen)4310145-0.43
Non-competitive take-up20.1%18.6%
GradeC (score -0.01)(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)0.40.4

Same-tenor Auction History

3.004.002014-082014-122015-042015-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-08-04JGB (10-Year) No. 3392.8440.400
2015-07-02JGB (10-Year) No. 3392.6230.513
2015-06-02JGB (10-Year) No. 3392.7130.450
2015-05-12JGB (10-Year) No. 3382.24100.434
2015-04-02JGB (10-Year) No. 3382.7540.369
2015-03-03JGB (10-Year) No. 3382.77330.396
2015-02-03JGB (10-Year) No. 3372.68450.313
2015-01-06JGB (10-Year) No. 3373.4230.295
2014-12-02JGB (10-Year) No. 3363.01100.473
2014-11-05JGB (10-Year) No. 3353.5020.439
2014-10-02JGB (10-Year) No. 3353.4810.516
2014-09-02JGB (10-Year) No. 3353.5830.517
2014-08-05JGB (10-Year) No. 3344.2910.522