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auctions / 5Y / 2007-12-11

Official Result (MOF)

Auction Date2007-12-11
Issue Date2007-12-25
IssueJGB (5-Year) No. 68(new)
Coupon (%)1.1%
Maturity2012-12-20
Methodprice conventional
Offering¥2T
Competitive Bids¥5.2T
Accepted Amount¥1.8T
Lowest Accepted Price100.03(1.093%)
Weighted Avg Price100.06(1.087%)
Allotment Ratio
Non-competitive I¥178.5B
Non-competitive II¥0M

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68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19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19年法律第25号)第2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条及び附則第76条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2T
Bid deadline2007-12-11 12:00
Payment date2007-12-25
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.862.523.462.524.58-1.08
Tail (sen)36216+0.74
Non-competitive take-up9.0%15.7%
GradeD (score -0.91)(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)0.61.3

Same-tenor Auction History

3.004.002006-122007-042007-082007-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-12-11JGB (5-Year) No. 682.8631.087
2007-11-08JGB (5-Year) No. 662.5261.078
2007-10-12JGB (5-Year) No. 673.2621.256
2007-09-11JGB (5-Year) No. 663.1331.066
2007-08-09JGB (5-Year) No. 653.4011.417
2007-07-10JGB (5-Year) No. 643.1221.561
2007-06-12JGB (5-Year) No. 643.4421.549
2007-05-15JGB (5-Year) No. 633.8011.246
2007-04-12JGB (5-Year) No. 634.2911.202
2007-03-08JGB (5-Year) No. 633.8321.174
2007-02-08JGB (5-Year) No. 614.5811.239
2007-01-16JGB (5-Year) No. 623.1611.293
2006-12-12JGB (5-Year) No. 612.9421.246