Official Result (MOF)
| Auction Date | 2018-09-05 |
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| Issue Date | 2018-09-06 |
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| Issue | JGB (10-Year) No. 351（reopen） |
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| Coupon (%) | 0.1% |
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| Maturity | 2028-06-20 |
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| Method | price conventional |
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| Offering | ¥2.2T |
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| Competitive Bids | ¥8.1T |
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| Accepted Amount | ¥1.8T |
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| Lowest Accepted Price | 99.86（0.114%） |
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| Weighted Avg Price | 99.87（0.113%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥416.2B |
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| Non-competitive II | ¥306.9B |
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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351回） |
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| Legal basis | 特別会計に関する法律（平成19年法律第23号）第47条第1項 |
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| Coupon dates | 毎年6月20日及び12月20日 |
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| Planned amount | ¥2.2T |
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| Bid deadline | 2018-09-05 11:50 |
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| Payment date | 2018-09-06 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 4.55 | 4.17 | 4.20 | 3.70 | 4.58 | +1.21 |
| Tail (sen) | 1 | 12 | 3 | 0 | 12 | -0.62 |
| Non-competitive take-up | 28.9% | 25.1% | |
| Grade | B (score +0.92) | (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) | 0.1 | 1.2 |
Same-tenor Auction History