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auctions / 2Y / 2013-09-27

Official Result (MOF)

Auction Date2013-09-27
Issue Date2013-10-15
IssueJGB (2-Year) No. 333(new)
Coupon (%)0.1%
Maturity2015-10-15
Methodprice conventional
Offering¥2.9T
Competitive Bids¥14.7T
Accepted Amount¥2.7T
Lowest Accepted Price100.00(0.097%)
Weighted Avg Price100.01(0.093%)
Allotment Ratio
Non-competitive I¥217B
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333回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び財政運営に必要な財源の確保を図るための公債の発行の特例に関する法律(平成24年法律第101号)第2条第1項及び第4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4月15日及び10月15日
Planned amount¥2.9T
Bid deadline2013-09-27 12:00
Payment date2013-10-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover5.505.558.424.8214.94-0.84
Tail (sen)10001+1.43
Non-competitive take-up7.5%11.8%
GradeE (score -1.14)(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)0.40.0

Same-tenor Auction History

5.0010.0015.002012-092013-012013-052013-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2013-09-27JGB (2-Year) No. 3335.5010.093
2013-08-29JGB (2-Year) No. 3325.5500.112
2013-07-30JGB (2-Year) No. 3319.2710.127
2013-06-27JGB (2-Year) No. 3305.4400.146
2013-05-30JGB (2-Year) No. 3294.8200.151
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