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auctions / 10Y / 2023-01-05

Official Result (MOF)

Auction Date2023-01-05
Issue Date2023-01-06
IssueJGB (10-Year) No. 369(new)
Coupon (%)0.5%
Maturity2032-12-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥10.5T
Accepted Amount¥2.2T
Lowest Accepted Price100.00(0.500%)
Weighted Avg Price100.00(0.500%)
Allotment Ratio
Non-competitive I¥504.9B
Non-competitive II¥21.8B

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369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、第47条第1項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.7T
Bid deadline2023-01-05 11:50
Payment date2023-01-06
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.766.034.423.026.03+0.32
Tail (sen)00206-1.34
Non-competitive take-up19.4%20.5%
GradeB (score +0.83)(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)0.00.0

Same-tenor Auction History

4.006.002022-012022-052022-092023-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-01-05JGB (10-Year) No. 3694.7600.500
2022-12-01JGB (10-Year) No. 3686.0300.250
2022-11-01JGB (10-Year) No. 3685.2410.248
2022-10-04JGB (10-Year) No. 3685.5520.248
2022-09-01JGB (10-Year) No. 3674.0140.235
2022-08-02JGB (10-Year) No. 3673.0260.168
2022-07-05JGB (10-Year) No. 3675.0520.248
2022-06-02JGB (10-Year) No. 3664.8620.239
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