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auctions / 5Y / 2012-09-11

Official Result (MOF)

Auction Date2012-09-11
Issue Date2012-09-20
IssueJGB (5-Year) No. 106(new)
Coupon (%)0.2%
Maturity2017-09-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥7.3T
Accepted Amount¥2.3T
Lowest Accepted Price99.97(0.206%)
Weighted Avg Price99.98(0.204%)
Allotment Ratio
Non-competitive I¥211.5B
Non-competitive II¥143.2B

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106回)
Legal basis財政法(昭和22年法律第34号)第4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、第47条及び第62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.5T
Bid deadline2012-09-11 12:00
Payment date2012-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.193.283.472.684.44-0.51
Tail (sen)10102+0.42
Non-competitive take-up13.4%20.6%
GradeD (score -0.46)(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

3.004.002011-092012-012012-052012-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-09-11JGB (5-Year) No. 1063.1910.204
2012-08-21JGB (5-Year) No. 1053.2800.235
2012-07-19JGB (5-Year) No. 1054.4400.185
2012-06-12JGB (5-Year) No. 1053.1210.220
2012-05-17JGB (5-Year) No. 1043.2210.223
2012-04-17JGB (5-Year) No. 1033.7610.289
2012-03-08JGB (5-Year) No. 1033.7410.293
2012-02-16JGB (5-Year) No. 1023.8910.295
2012-01-19JGB (5-Year) No. 1024.3700.333
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