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auctions / 10Y / 2023-03-02

Official Result (MOF)

Auction Date2023-03-02
Issue Date2023-03-03
IssueJGB (10-Year) No. 369(reopen)
Coupon (%)0.5%
Maturity2032-12-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥17T
Accepted Amount¥2.2T
Lowest Accepted Price100.00(0.500%)
Weighted Avg Price100.00(0.500%)
Allotment Ratio
Non-competitive I¥452.4B
Non-competitive II¥43.3B

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¥2.7T
Bid deadline2023-03-02 11:50
Payment date2023-03-03
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover7.554.614.643.026.03+3.09
Tail (sen)0103010-1.01
Non-competitive take-up18.1%16.3%
GradeA (score +2.05)(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)0.01.0

Same-tenor Auction History

4.006.002022-032022-072022-112023-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-03-02JGB (10-Year) No. 3697.5500.500
2023-02-02JGB (10-Year) No. 3694.61100.485
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