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auctions / 5Y / 2003-07-08

Official Result (MOF)

Auction Date2003-07-08
Issue Date2003-07-22
IssueJGB (5-Year) No. 28(new)
Coupon (%)0.5%
Maturity2008-06-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥4.7T
Accepted Amount¥1.9T
Lowest Accepted Price100.01(0.497%)
Weighted Avg Price100.05(0.489%)
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28回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び平成 及びその条項 15年度における公債の発行の特例に関する法律(平成1 5年法律第18号)第2条第1項並びに財政融資資金特別 会計法(昭和26年法律第101号)第11条第1項
Coupon dates毎年 6月20日及び12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/Cover2.483.442.981.754.73-0.62
Tail (sen)41101+11.16
Non-competitive take-up0.0%0.0%
GradeE (score -5.89)(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)0.80.2

Same-tenor Auction History

2.004.002002-072002-112003-032003-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2003-07-08JGB (5-Year) No. 282.4840.489
2003-06-10JGB (5-Year) No. 273.4410.153
2003-05-15JGB (5-Year) No. 264.7310.191
2003-04-10JGB (5-Year) No. 254.0410.254
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