Official Result (MOF)
| Auction Date | 2010-04-15 |
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| Issue Date | 2010-04-20 |
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| Issue | JGB (5-Year) No. 88（reopen） |
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| Coupon (%) | 0.5% |
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| Maturity | 2015-03-20 |
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| Method | price conventional |
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| Offering | ¥2.4T |
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| Competitive Bids | ¥10.2T |
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| Accepted Amount | ¥2.2T |
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| Lowest Accepted Price | 99.86（0.529%） |
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| Weighted Avg Price | 99.87（0.527%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥206.6B |
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| Non-competitive II | ¥234.8B |
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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88回） |
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| Legal basis | 平成22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22年法律第7号）第2条第1項及び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 |
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| Coupon dates | 毎年3月20日及び9月20日 |
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| Planned amount | ¥2.4T |
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| Bid deadline | 2010-04-15 12:00 |
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| Payment date | 2010-04-20 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 4.65 | 3.08 | 3.19 | 2.17 | 4.04 | +2.96 |
| Tail (sen) | 1 | 1 | 2 | 1 | 4 | -0.93 |
| Non-competitive take-up | 16.8% | 8.0% | |
| Grade | A (score +1.94) | (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) | 0.2 | 0.2 |
Same-tenor Auction History