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auctions / 2Y / 2010-05-27

Official Result (MOF)

Auction Date2010-05-27
Issue Date2010-06-15
IssueJGB (2-Year) No. 293(new)
Coupon (%)0.2%
Maturity2012-06-15
Methodprice conventional
Offering¥2.6T
Competitive Bids¥8.9T
Accepted Amount¥2.4T
Lowest Accepted Price100.08(0.162%)
Weighted Avg Price100.08(0.161%)
Allotment Ratio
Non-competitive I¥188.7B
Non-competitive II¥22.5B

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(2年)(第293回)
Legal basis平成22年度における財政運営のための公債の発行の特例等に関する法律(平成22年法律第7号)第2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15日及び12月15日
Planned amount¥2.6T
Bid deadline2010-05-27 12:00
Payment date2010-06-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.684.733.442.494.73+0.38
Tail (sen)01102-0.96
Non-competitive take-up8.1%8.1%
GradeB (score +0.67)(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)0.10.3

Same-tenor Auction History

3.004.002009-052009-092010-012010-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2010-05-27JGB (2-Year) No. 2933.6800.161
2010-04-27JGB (2-Year) No. 2924.7310.164
2010-03-25JGB (2-Year) No. 2913.0010.156
2010-02-25JGB (2-Year) No. 2904.3310.157
2010-01-28JGB (2-Year) No. 2893.9810.156
2009-12-17JGB (2-Year) No. 2883.3720.178
2009-11-25JGB (2-Year) No. 2873.9200.237
2009-10-28JGB (2-Year) No. 2863.0210.274
2009-09-29JGB (2-Year) No. 2852.4900.233
2009-08-27JGB (2-Year) No. 2842.9410.243
2009-07-30JGB (2-Year) No. 2833.0900.270
2009-06-25JGB (2-Year) No. 2823.5610.335
2009-05-28JGB (2-Year) No. 2812.8010.353