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auctions / 10Y / 2024-05-08

Official Result (MOF)

Auction Date2024-05-08
Issue Date2024-05-09
IssueJGB (10-Year) No. 374(reopen)
Coupon (%)0.8%
Maturity2034-03-20
Methodprice conventional
Offering¥2.6T
Competitive Bids¥6.2T
Accepted Amount¥2T
Lowest Accepted Price99.43(0.862%)
Weighted Avg Price99.48(0.857%)
Allotment Ratio
Non-competitive I¥634B
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374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¥2.6T
Bid deadline2024-05-08 11:50
Payment date2024-05-09
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.153.803.582.824.02-1.12
Tail (sen)526212-0.35
Non-competitive take-up24.4%24.4%
GradeD (score -0.39)(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

3.003.504.002023-052023-092024-012024-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2024-05-08JGB (10-Year) No. 3743.1550.857
2024-04-02JGB (10-Year) No. 3743.8020.753
2024-03-05JGB (10-Year) No. 3733.2440.718
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