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auctions / 2Y / 2010-11-25

Official Result (MOF)

Auction Date2010-11-25
Issue Date2010-12-15
IssueJGB (2-Year) No. 299(new)
Coupon (%)0.2%
Maturity2012-12-15
Methodprice conventional
Offering¥2.6T
Competitive Bids¥7.7T
Accepted Amount¥2.4T
Lowest Accepted Price100.06(0.172%)
Weighted Avg Price100.06(0.171%)
Allotment Ratio
Non-competitive I¥194.5B
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(2年)(第299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、第47条及び第62条第1項
Coupon dates毎年6月15日及び12月15日
Planned amount¥2.6T
Bid deadline2010-11-25 12:00
Payment date2010-12-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.195.544.423.005.75-1.42
Tail (sen)00002-0.49
Non-competitive take-up7.5%15.0%
GradeD (score -0.46)(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)0.10.1

Same-tenor Auction History

3.004.005.002009-112010-032010-072010-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2010-11-25JGB (2-Year) No. 2993.1900.171
2010-10-27JGB (2-Year) No. 2985.5400.139
2010-09-28JGB (2-Year) No. 2975.7500.140
2010-08-26JGB (2-Year) No. 2964.7500.122
2010-07-27JGB (2-Year) No. 2955.6700.149
2010-06-24JGB (2-Year) No. 2944.3100.153
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