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auctions / 10Y / 2021-10-05

Official Result (MOF)

Auction Date2021-10-05
Issue Date2021-10-06
IssueJGB (10-Year) No. 364(new)
Coupon (%)0.1%
Maturity2031-09-20
Methodprice conventional
Offering¥2.6T
Competitive Bids¥5.1T
Accepted Amount¥2.1T
Lowest Accepted Price100.47(0.052%)
Weighted Avg Price100.50(0.049%)
Allotment Ratio
Non-competitive I¥499.1B
Non-competitive II¥0M

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364回)
Legal basis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項及び特別会計に関する法律(平成19年法律第23号)第62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.6T
Bid deadline2021-10-05 11:50
Payment date2021-10-06
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.453.363.442.944.13-2.91
Tail (sen)32216+0.59
Non-competitive take-up19.2%18.7%
GradeE (score -1.75)(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)0.30.2

Same-tenor Auction History

3.004.002020-102021-022021-062021-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2021-10-05JGB (10-Year) No. 3642.4530.049
2021-09-02JGB (10-Year) No. 3633.3620.023
2021-08-03JGB (10-Year) No. 3633.3330.009
2021-07-01JGB (10-Year) No. 3633.5410.058
2021-06-03JGB (10-Year) No. 3622.9460.078
2021-05-11JGB (10-Year) No. 3623.0420.072
2021-04-01JGB (10-Year) No. 3623.5410.123
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