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auctions / 10Y / 2022-05-10

Official Result (MOF)

Auction Date2022-05-10
Issue Date2022-05-11
IssueJGB (10-Year) No. 366(reopen)
Coupon (%)0.2%
Maturity2032-03-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥12.6T
Accepted Amount¥2.2T
Lowest Accepted Price99.53(0.248%)
Weighted Avg Price99.56(0.245%)
Allotment Ratio
Non-competitive I¥510.3B
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366回)
Legal basis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
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.7T
Bid deadline2022-05-10 11:50
Payment date2022-05-11
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover5.743.613.212.453.61+8.54
Tail (sen)32216+0.38
Non-competitive take-up18.9%19.3%
GradeA (score +4.08)(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

4.002021-052021-092022-012022-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2022-05-10JGB (10-Year) No. 3665.7430.245
2022-04-05JGB (10-Year) No. 3663.6120.201
2022-03-01JGB (10-Year) No. 3653.2410.179
2022-02-01JGB (10-Year) No. 3653.2710.175
2022-01-05JGB (10-Year) No. 3653.4610.096
2021-12-02JGB (10-Year) No. 3643.1620.060
2021-11-01JGB (10-Year) No. 3643.1450.107
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