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auctions / 5Y / 2008-06-10

Official Result (MOF)

Auction Date2008-06-10
Issue Date2008-06-20
IssueJGB (5-Year) No. 72(new)
Coupon (%)1.5%
Maturity2013-06-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥5.3T
Accepted Amount¥1.7T
Lowest Accepted Price99.72(1.560%)
Weighted Avg Price99.84(1.534%)
Allotment Ratio
Non-competitive I¥161.7B
Non-competitive II¥184.2B

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72回)
Legal basis平成20年度における公債の発行の特例に関する法律(平成20年法律第24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項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥1.9T
Bid deadline2008-06-10 12:00
Payment date2008-06-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.102.903.002.343.44+0.28
Tail (sen)1294112+2.48
Non-competitive take-up16.8%16.0%
GradeE (score -1.10)(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)2.61.9

Same-tenor Auction History

2.503.002007-062007-102008-022008-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-06-10JGB (5-Year) No. 723.10121.534
2008-05-15JGB (5-Year) No. 712.9091.300
2008-04-10JGB (5-Year) No. 702.34120.814
2008-03-11JGB (5-Year) No. 702.5310.762
2008-02-13JGB (5-Year) No. 693.1420.887
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