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auctions / 2Y / 2010-12-22

Official Result (MOF)

Auction Date2010-12-22
Issue Date2011-01-17
IssueJGB (2-Year) No. 300(new)
Coupon (%)0.2%
Maturity2013-01-15
Methodprice conventional
Offering¥2.6T
Competitive Bids¥8.5T
Accepted Amount¥2.4T
Lowest Accepted Price99.93(0.235%)
Weighted Avg Price99.94(0.229%)
Allotment Ratio
Non-competitive I¥176.9B
Non-competitive II¥368.4B

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300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1月15日及び7月15日
Planned amount¥2.6T
Bid deadline2010-12-22 12:00
Payment date2011-01-17
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.503.194.363.005.75-0.93
Tail (sen)10002+1.22
Non-competitive take-up18.4%7.5%
GradeE (score -1.08)(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)0.60.1

Same-tenor Auction History

3.004.005.002009-122010-042010-082010-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2010-12-22JGB (2-Year) No. 3003.5010.229
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