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auctions / 10Y / 2024-02-01

Official Result (MOF)

Auction Date2024-02-01
Issue Date2024-02-02
IssueJGB (10-Year) No. 373(reopen)
Coupon (%)0.6%
Maturity2033-12-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥7.9T
Accepted Amount¥2.2T
Lowest Accepted Price98.63(0.748%)
Weighted Avg Price98.70(0.741%)
Allotment Ratio
Non-competitive I¥520.3B
Non-competitive II¥217.7B

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373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 deadline2024-02-01 11:50
Payment date2024-02-02
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.652.904.022.827.55-0.32
Tail (sen)7127012+0.04
Non-competitive take-up25.3%19.2%
GradeC (score -0.18)(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)0.71.3

Same-tenor Auction History

4.006.002023-022023-062023-102024-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2024-02-01JGB (10-Year) No. 3733.6570.741
2024-01-10JGB (10-Year) No. 3732.90120.596
2023-12-05JGB (10-Year) No. 3722.8290.697
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