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auctions / 5Y / 2010-05-18

Official Result (MOF)

Auction Date2010-05-18
Issue Date2010-05-21
IssueJGB (5-Year) No. 88(reopen)
Coupon (%)0.5%
Maturity2015-03-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥6.8T
Accepted Amount¥2.2T
Lowest Accepted Price100.21(0.455%)
Weighted Avg Price100.22(0.453%)
Allotment Ratio
Non-competitive I¥198.3B
Non-competitive II¥246B

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)
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
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.4T
Bid deadline2010-05-18 12:00
Payment date2010-05-21
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.114.653.342.174.65-0.37
Tail (sen)11214-0.78
Non-competitive take-up16.8%16.8%
GradeC (score +0.21)(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)0.20.2

Same-tenor Auction History

3.004.002009-052009-092010-012010-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2010-05-18JGB (5-Year) No. 883.1110.453
2010-04-15JGB (5-Year) No. 884.6510.527
2010-03-11JGB (5-Year) No. 883.0810.485
2010-02-16JGB (5-Year) No. 873.6410.519
2010-01-19JGB (5-Year) No. 873.3610.504
2009-12-10JGB (5-Year) No. 872.9020.465
2009-11-12JGB (5-Year) No. 853.7020.689
2009-10-15JGB (5-Year) No. 862.1740.595
2009-09-08JGB (5-Year) No. 854.0410.648
2009-08-18JGB (5-Year) No. 843.5010.667
2009-07-16JGB (5-Year) No. 843.3120.691
2009-06-11JGB (5-Year) No. 833.0920.887
2009-05-19JGB (5-Year) No. 812.6420.802