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auctions / 5Y / 2005-03-10

Official Result (MOF)

Auction Date2005-03-10
Issue Date2005-03-25
IssueJGB (5-Year) No. 44(new)
Coupon (%)0.7%
Maturity2010-03-20
Methodprice conventional
Offering¥2T
Competitive Bids¥8T
Accepted Amount¥2T
Lowest Accepted Price100.04(0.691%)
Weighted Avg Price100.05(0.689%)
Allotment Ratio
Non-competitive I
Non-competitive II¥175.5B

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44回)
Legal basis財政法(昭和22年法律第34号)第4条第1項、平成16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16年法律第22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条第1項及び第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 IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.043.773.492.454.99+0.73
Tail (sen)11102-0.17
Non-competitive take-up8.1%2.2%
GradeB (score +0.45)(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

3.004.005.002004-032004-072004-112005-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2005-03-10JGB (5-Year) No. 444.0410.689
2005-02-09JGB (5-Year) No. 423.7710.563
2005-01-13JGB (5-Year) No. 434.5810.556
2004-12-09JGB (5-Year) No. 423.7210.560
2004-11-09JGB (5-Year) No. 414.1900.657
2004-10-14JGB (5-Year) No. 404.9920.631
2004-09-07JGB (5-Year) No. 392.9010.741
2004-08-12JGB (5-Year) No. 372.9410.774
2004-07-15JGB (5-Year) No. 382.9210.842
2004-06-08JGB (5-Year) No. 373.5510.818
2004-05-18JGB (5-Year) No. 352.4520.608
2004-04-13JGB (5-Year) No. 363.2810.697
2004-03-09JGB (5-Year) No. 352.6110.587