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auctions / 10Y / 2021-03-02

Official Result (MOF)

Auction Date2021-03-02
Issue Date2021-03-03
IssueJGB (10-Year) No. 361(reopen)
Coupon (%)0.1%
Maturity2030-12-20
Methodprice conventional
Offering¥2.6T
Competitive Bids¥6.7T
Accepted Amount¥2.1T
Lowest Accepted Price99.67(0.134%)
Weighted Avg Price99.70(0.131%)
Allotment Ratio
Non-competitive I¥476.8B
Non-competitive II¥244.8B

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361回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び財政運営に必要な財源の確保を図るための公債の発行の特例に関する法律(平成24年法律第101号)第3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¥2.6T
Bid deadline2021-03-02 11:50
Payment date2021-03-03
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.143.423.643.154.19-1.39
Tail (sen)314114-0.12
Non-competitive take-up25.4%25.3%
GradeD (score -0.64)(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)0.30.1

Same-tenor Auction History

3.504.002020-032020-072020-112021-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2021-03-02JGB (10-Year) No. 3613.1430.131
2021-02-02JGB (10-Year) No. 3613.4210.053
2021-01-06JGB (10-Year) No. 3613.4030.019
2020-12-01JGB (10-Year) No. 3603.4220.019
2020-11-04JGB (10-Year) No. 3604.1310.046
2020-10-01JGB (10-Year) No. 3604.0610.024
2020-09-01JGB (10-Year) No. 3593.15110.034
2020-08-04JGB (10-Year) No. 3593.6430.018
2020-07-02JGB (10-Year) No. 3593.6620.058
2020-06-02JGB (10-Year) No. 3583.3620.000
2020-05-12JGB (10-Year) No. 3584.091-0.001
2020-04-02JGB (10-Year) No. 3584.1910.023
2020-03-03JGB (10-Year) No. 3573.2014-0.100