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auctions / 10Y / 2018-10-02

Official Result (MOF)

Auction Date2018-10-02
Issue Date2018-10-03
IssueJGB (10-Year) No. 352(new)
Coupon (%)0.1%
Maturity2028-09-20
Methodprice conventional
Offering¥2.2T
Competitive Bids¥7.5T
Accepted Amount¥1.8T
Lowest Accepted Price99.58(0.142%)
Weighted Avg Price99.59(0.141%)
Allotment Ratio
Non-competitive I¥425B
Non-competitive II¥236.7B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.214.554.253.704.58-0.15
Tail (sen)113012-0.52
Non-competitive take-up27.2%28.9%
GradeC (score +0.18)(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

4.004.502017-102018-022018-062018-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2018-10-02JGB (10-Year) No. 3524.2110.141
2018-09-05JGB (10-Year) No. 3514.5510.113
2018-08-02JGB (10-Year) No. 3514.17120.126
2018-07-03JGB (10-Year) No. 3514.3720.037
2018-06-05JGB (10-Year) No. 3504.3810.048
2018-05-08JGB (10-Year) No. 3504.2010.046
2018-04-03JGB (10-Year) No. 3504.1610.032
2018-03-01JGB (10-Year) No. 3504.5310.061
2018-02-01JGB (10-Year) No. 3494.5820.088
2018-01-10JGB (10-Year) No. 3493.7410.078
2017-12-05JGB (10-Year) No. 3493.7050.059
2017-11-01JGB (10-Year) No. 3484.5500.062
2017-10-03JGB (10-Year) No. 3484.0850.077