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auctions / 10Y / 2023-06-01

Official Result (MOF)

Auction Date2023-06-01
Issue Date2023-06-02
IssueJGB (10-Year) No. 370(reopen)
Coupon (%)0.5%
Maturity2033-03-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥8.1T
Accepted Amount¥2.2T
Lowest Accepted Price100.56(0.440%)
Weighted Avg Price100.60(0.436%)
Allotment Ratio
Non-competitive I¥505.2B
Non-competitive II¥238.8B

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370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 deadline2023-06-01 11:50
Payment date2023-06-02
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.693.604.843.027.55-0.99
Tail (sen)494011+0.02
Non-competitive take-up25.3%22.2%
GradeD (score -0.51)(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)0.40.9

Same-tenor Auction History

4.006.002022-062022-102023-022023-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-06-01JGB (10-Year) No. 3703.6940.436
2023-05-09JGB (10-Year) No. 3703.6090.426
2023-04-04JGB (10-Year) No. 3703.77110.456
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