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auctions / 5Y / 2012-12-13

Official Result (MOF)

Auction Date2012-12-13
Issue Date2012-12-20
IssueJGB (5-Year) No. 107(new)
Coupon (%)0.2%
Maturity2017-12-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥8.1T
Accepted Amount¥2.3T
Lowest Accepted Price100.17(0.165%)
Weighted Avg Price100.18(0.163%)
Allotment Ratio
Non-competitive I¥212.7B
Non-competitive II¥0M

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107回)
Legal basis財政運営に必要な財源の確保を図るための公債の発行の特例に関する法律(平成24年法律第101号)第2条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.5T
Bid deadline2012-12-13 12:00
Payment date2012-12-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.544.963.872.965.51-0.43
Tail (sen)10102+0.53
Non-competitive take-up8.5%20.0%
GradeD (score -0.48)(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

3.004.005.002011-122012-042012-082012-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-12-13JGB (5-Year) No. 1073.5410.163
2012-11-13JGB (5-Year) No. 1064.9600.189
2012-10-16JGB (5-Year) No. 1065.5100.195
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