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auctions / 5Y / 2003-03-11

Official Result (MOF)

Auction Date2003-03-11
Issue Date2003-03-25
IssueJGB (5-Year) No. 25(new)
Coupon (%)0.3%
Maturity2008-03-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥6.1T
Accepted Amount¥1.9T
Lowest Accepted Price100.22(0.255%)
Weighted Avg Price100.23(0.253%)
Allotment Ratio
Non-competitive I
Non-competitive II

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(5年)(第25回)
Legal basis財政法(昭和22年法律第34号)第4条第1項、平成14 及びその条項 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14年法律第20号)第2条第1項及び財政融資 資金特別会計法(昭和26年法律第101号)第11条第1 項並びに国債整理基金特別会計法(明治39年法律第6号) 第5条ノ2
Coupon dates毎年 3月20日及び9月20日
Planned amount
Bid deadline
Payment date
Non-competitive II
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.243.042.381.753.18+1.78
Tail (sen)11102+0.17
Non-competitive take-up0.0%0.0%
GradeB (score +0.81)(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)0.20.2

Same-tenor Auction History

2.003.002002-032002-072002-112003-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2003-03-11JGB (5-Year) No. 253.2410.253
2003-02-13JGB (5-Year) No. 243.0410.287
2003-01-16JGB (5-Year) No. 242.3110.268
2002-12-03JGB (5-Year) No. 232.7010.320
2002-11-07JGB (5-Year) No. 222.8100.285
2002-10-03JGB (5-Year) No. 223.1810.316
2002-09-03JGB (5-Year) No. 221.7510.308
2002-08-01JGB (5-Year) No. 212.7110.391
2002-07-04JGB (5-Year) No. 201.8210.435
2002-06-06JGB (5-Year) No. 202.3910.500
2002-05-08JGB (5-Year) No. 192.0200.491
2002-04-04JGB (5-Year) No. 191.9410.508
2002-03-01JGB (5-Year) No. 181.8320.654