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auctions / 5Y / 2008-09-09

Official Result (MOF)

Auction Date2008-09-09
Issue Date2008-09-22
IssueJGB (5-Year) No. 75(new)
Coupon (%)1.1%
Maturity2013-09-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥5.5T
Accepted Amount¥1.7T
Lowest Accepted Price99.93(1.114%)
Weighted Avg Price99.95(1.110%)
Allotment Ratio
Non-competitive I¥155.3B
Non-competitive II¥187.7B

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75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3月20日及び9月20日
Planned amount¥1.9T
Bid deadline2008-09-09 12:00
Payment date2008-09-22
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.152.702.992.343.99+0.38
Tail (sen)225112-0.74
Non-competitive take-up16.5%14.7%
GradeB (score +0.56)(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)0.40.4

Same-tenor Auction History

3.004.002007-092008-012008-052008-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-09-09JGB (5-Year) No. 753.1521.110
2008-08-20JGB (5-Year) No. 742.7021.037
2008-07-08JGB (5-Year) No. 733.9931.254
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