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auctions / 10Y / 2023-10-03

Official Result (MOF)

Auction Date2023-10-03
Issue Date2023-10-04
IssueJGB (10-Year) No. 372(new)
Coupon (%)0.8%
Maturity2033-09-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥8.6T
Accepted Amount¥2.2T
Lowest Accepted Price100.27(0.770%)
Weighted Avg Price100.29(0.768%)
Allotment Ratio
Non-competitive I¥519.6B
Non-competitive II¥187.5B

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372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 deadline2023-10-03 11:50
Payment date2023-10-04
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.934.024.713.607.55-0.67
Tail (sen)2105011-0.64
Non-competitive take-up24.5%25.5%
GradeC (score -0.01)(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)0.21.1

Same-tenor Auction History

4.006.002022-102023-022023-062023-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-10-03JGB (10-Year) No. 3723.9320.768
2023-09-05JGB (10-Year) No. 3714.02100.657
2023-08-01JGB (10-Year) No. 3713.6480.594
2023-07-04JGB (10-Year) No. 3714.0220.428
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