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auctions / 2Y / 2013-04-25

Official Result (MOF)

Auction Date2013-04-25
Issue Date2013-05-15
IssueJGB (2-Year) No. 328(new)
Coupon (%)0.1%
Maturity2015-05-15
Methodprice conventional
Offering¥2.9T
Competitive Bids¥14.1T
Accepted Amount¥2.7T
Lowest Accepted Price99.94(0.127%)
Weighted Avg Price99.95(0.126%)
Allotment Ratio
Non-competitive I¥226.3B
Non-competitive II¥129.4B

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328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5月15日及び11月15日
Planned amount¥2.9T
Bid deadline2013-04-25 12:00
Payment date2013-05-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover5.275.489.905.1414.94-1.48
Tail (sen)01001+0.03
Non-competitive take-up11.8%13.9%
GradeD (score -0.75)(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)0.10.4

Same-tenor Auction History

5.0010.0015.002012-042012-082012-122013-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2013-04-25JGB (2-Year) No. 3285.2700.126
2013-03-28JGB (2-Year) No. 3275.4810.060
2013-02-28JGB (2-Year) No. 3265.1410.047
2013-01-31JGB (2-Year) No. 32510.1310.070
2012-12-26JGB (2-Year) No. 3249.7300.094
2012-11-27JGB (2-Year) No. 32313.8700.096
2012-10-25JGB (2-Year) No. 32214.9400.098
2012-09-27JGB (2-Year) No. 32111.3900.100
2012-08-30JGB (2-Year) No. 32012.6200.098
2012-07-31JGB (2-Year) No. 31911.8400.096
2012-06-26JGB (2-Year) No. 3188.2200.100
2012-05-29JGB (2-Year) No. 3179.7900.100
2012-04-26JGB (2-Year) No. 3165.6710.110