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auctions / 5Y / 2011-11-15

Official Result (MOF)

Auction Date2011-11-15
Issue Date2011-11-18
IssueJGB (5-Year) No. 100(new)
Coupon (%)0.3%
Maturity2016-09-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥7.7T
Accepted Amount¥2.2T
Lowest Accepted Price99.85(0.331%)
Weighted Avg Price99.86(0.329%)
Allotment Ratio
Non-competitive I¥209.9B
Non-competitive II¥331.3B

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100回)
Legal basis平成23年度における公債の発行の特例に関する法律(平成23年法律第106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62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.4T
Bid deadline2011-11-15 12:00
Payment date2011-11-18
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.512.723.342.683.97+0.43
Tail (sen)10204-0.73
Non-competitive take-up19.8%7.5%
GradeB (score +0.58)(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)0.20.0

Same-tenor Auction History

3.003.504.002010-112011-032011-072011-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-11-15JGB (5-Year) No. 1003.5110.329
2011-10-18JGB (5-Year) No. 992.7200.377
2011-09-08JGB (5-Year) No. 992.6810.357
2011-08-11JGB (5-Year) No. 983.3730.314
2011-07-14JGB (5-Year) No. 973.5210.379
2011-06-09JGB (5-Year) No. 973.2110.414
2011-05-19JGB (5-Year) No. 963.2520.447
2011-04-14JGB (5-Year) No. 963.5620.529
2011-03-10JGB (5-Year) No. 953.4930.597
2011-02-16JGB (5-Year) No. 943.5640.589
2011-01-18JGB (5-Year) No. 933.9710.493
2010-12-09JGB (5-Year) No. 932.7840.565
2010-11-11JGB (5-Year) No. 923.9310.339