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auctions / 2Y / 2022-11-29

Official Result (MOF)

Auction Date2022-11-29
Issue Date2022-12-01
IssueJGB (2-Year) No. 443(new)
Coupon (%)0.005%
Maturity2024-12-01
Methodprice conventional
Offering¥2.8T
Competitive Bids¥9.3T
Accepted Amount¥2.3T
Lowest Accepted Price100.06(-0.024%)
Weighted Avg Price100.07(-0.029%)
Allotment Ratio
Non-competitive I¥497.5B
Non-competitive II¥163.6B

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443回)
Legal basis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3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条第1項及び第62条第1項
Coupon dates毎年6月1日及び12月1日
Planned amount¥2.8T
Bid deadline2022-11-29 11:50
Payment date2022-12-01
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.034.164.383.615.43-0.64
Tail (sen)11101+1.67
Non-competitive take-up22.3%23.1%
GradeE (score -1.15)(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)0.50.4

Same-tenor Auction History

4.005.002021-112022-032022-072022-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2022-11-29JGB (2-Year) No. 4434.031-0.029
2022-10-27JGB (2-Year) No. 4424.161-0.031
2022-09-29JGB (2-Year) No. 4414.781-0.046
2022-08-30JGB (2-Year) No. 4403.611-0.083
2022-07-28JGB (2-Year) No. 4394.330-0.074
2022-06-28JGB (2-Year) No. 4383.811-0.049
2022-05-31JGB (2-Year) No. 4375.431-0.058
2022-04-27JGB (2-Year) No. 4364.341-0.054
2022-03-31JGB (2-Year) No. 4355.431-0.025
2022-02-25JGB (2-Year) No. 4344.561-0.020
2022-01-27JGB (2-Year) No. 4333.871-0.054
2021-12-27JGB (2-Year) No. 4324.251-0.093
2021-11-30JGB (2-Year) No. 4314.050-0.121