overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 5Y / 2011-12-13

Official Result (MOF)

Auction Date2011-12-13
Issue Date2011-12-20
IssueJGB (5-Year) No. 101(new)
Coupon (%)0.4%
Maturity2016-12-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥6.8T
Accepted Amount¥2.3T
Lowest Accepted Price100.19(0.361%)
Weighted Avg Price100.21(0.357%)
Allotment Ratio
Non-competitive I¥186.5B
Non-competitive II¥354.8B

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101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項及び東日本大震災からの復興のための施策を実施するために必要な財源の確保に関する特別措置法(平成23年法律第117号)第69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62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.5T
Bid deadline2011-12-13 12:00
Payment date2011-12-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.963.513.302.683.97-0.90
Tail (sen)21204+0.07
Non-competitive take-up19.0%19.8%
GradeD (score -0.49)(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)0.40.2

Same-tenor Auction History

3.003.504.002010-122011-042011-082011-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-12-13JGB (5-Year) No. 1012.9620.357
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