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auctions / 5Y / 2008-01-16

Official Result (MOF)

Auction Date2008-01-16
Issue Date2008-01-25
IssueJGB (5-Year) No. 69(new)
Coupon (%)0.9%
Maturity2012-12-20
Methodprice conventional
Offering¥2T
Competitive Bids¥6.3T
Accepted Amount¥1.9T
Lowest Accepted Price100.14(0.870%)
Weighted Avg Price100.17(0.863%)
Allotment Ratio
Non-competitive I¥137.5B
Non-competitive II¥152.2B

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69回)
Legal basis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 deadline2008-01-16 12:00
Payment date2008-01-25
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.382.863.452.524.58-0.12
Tail (sen)33216+0.66
Non-competitive take-up13.5%9.0%
GradeD (score -0.39)(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)0.70.6

Same-tenor Auction History

3.004.002007-012007-052007-092008-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-01-16JGB (5-Year) No. 693.3830.863
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