Official Result (MOF)
| Auction Date | 2005-04-12 |
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| Issue Date | 2005-04-25 |
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| Issue | JGB (5-Year) No. 45（new） |
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| Coupon (%) | 0.6% |
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| Maturity | 2010-03-20 |
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| Method | price conventional |
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| Offering | ¥2T |
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| Competitive Bids | ¥8.6T |
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| Accepted Amount | ¥1.8T |
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| Lowest Accepted Price | 100.28（0.541%） |
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| Weighted Avg Price | 100.29（0.539%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥172.5B |
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| Non-competitive II | ¥191.2B |
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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４５回） |
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| 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、平成１７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１７年法律第１９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 |
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| Coupon dates | 毎年３月２０日及び９月２０日 |
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| Planned amount | — |
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| Bid deadline | — |
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| Payment date | — |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 4.79 | 4.04 | 3.61 | 2.45 | 4.99 | +1.63 |
| Tail (sen) | 1 | 1 | 1 | 0 | 2 | -0.17 |
| Non-competitive take-up | 16.8% | 8.1% | |
| Grade | B (score +0.90) | (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) | 0.2 | 0.2 |
Same-tenor Auction History