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auctions / 10Y / 2019-03-05

Official Result (MOF)

Auction Date2019-03-05
Issue Date2019-03-06
IssueJGB (10-Year) No. 353(reopen)
Coupon (%)0.1%
Maturity2028-12-20
Methodprice conventional
Offering¥2.2T
Competitive Bids¥7.6T
Accepted Amount¥1.8T
Lowest Accepted Price100.98(0.000%)
Weighted Avg Price101.00(-0.002%)
Allotment Ratio
Non-competitive I¥408.6B
Non-competitive II¥33.8B

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353回)
Legal basis財政法(昭和22年法律第34号)第4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47条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.2T
Bid deadline2019-03-05 11:50
Payment date2019-03-06
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.254.804.303.824.80-0.19
Tail (sen)212112-0.08
Non-competitive take-up19.8%30.0%
GradeC (score -0.05)(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)0.20.1

Same-tenor Auction History

4.004.502018-032018-072018-112019-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2019-03-05JGB (10-Year) No. 3534.252-0.002
2019-02-05JGB (10-Year) No. 3534.801-0.013
2019-01-08JGB (10-Year) No. 3534.0410.015
2018-12-04JGB (10-Year) No. 3523.8230.074
2018-11-01JGB (10-Year) No. 3524.3320.135
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