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auctions / 5Y / 2008-11-11

Official Result (MOF)

Auction Date2008-11-11
Issue Date2008-11-14
IssueJGB (5-Year) No. 77(new)
Coupon (%)1%
Maturity2013-09-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥5.7T
Accepted Amount¥1.7T
Lowest Accepted Price100.27(0.941%)
Weighted Avg Price100.28(0.939%)
Allotment Ratio
Non-competitive I¥170.8B
Non-competitive II¥187B

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77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 deadline2008-11-11 12:00
Payment date2008-11-14
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.323.042.972.343.99+0.81
Tail (sen)135112-1.01
Non-competitive take-up17.2%16.1%
GradeB (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)0.20.7

Same-tenor Auction History

3.004.002007-112008-032008-072008-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-11-11JGB (5-Year) No. 773.3210.939
2008-10-16JGB (5-Year) No. 763.0431.193
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