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auctions / 10Y / 2023-11-02

Official Result (MOF)

Auction Date2023-11-02
Issue Date2023-11-06
IssueJGB (10-Year) No. 372(reopen)
Coupon (%)0.8%
Maturity2033-09-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥7.9T
Accepted Amount¥2.2T
Lowest Accepted Price98.95(0.915%)
Weighted Avg Price99.00(0.910%)
Allotment Ratio
Non-competitive I¥519.3B
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372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 deadline2023-11-02 11:50
Payment date2023-11-06
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.623.934.573.607.55-0.83
Tail (sen)525011+0.06
Non-competitive take-up19.2%24.5%
GradeD (score -0.44)(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)0.50.2

Same-tenor Auction History

4.006.002022-112023-032023-072023-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-11-02JGB (10-Year) No. 3723.6250.910
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