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auctions / 5Y / 2013-09-12

Official Result (MOF)

Auction Date2013-09-12
Issue Date2013-09-20
IssueJGB (5-Year) No. 114(new)
Coupon (%)0.3%
Maturity2018-09-20
Methodprice conventional
Offering¥2.7T
Competitive Bids¥8.1T
Accepted Amount¥2.5T
Lowest Accepted Price100.17(0.265%)
Weighted Avg Price100.18(0.263%)
Allotment Ratio
Non-competitive I¥228.4B
Non-competitive II¥24.8B

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114回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び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¥2.7T
Bid deadline2013-09-12 12:00
Payment date2013-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.305.514.023.095.51-0.84
Tail (sen)10105-0.19
Non-competitive take-up9.3%21.1%
GradeD (score -0.32)(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

3.004.005.002012-092013-012013-052013-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2013-09-12JGB (5-Year) No. 1143.3010.263
2013-08-13JGB (5-Year) No. 1135.5100.285
2013-07-17JGB (5-Year) No. 1134.2810.295
2013-06-14JGB (5-Year) No. 1124.3620.361
2013-05-16JGB (5-Year) No. 1113.3920.404
2013-04-16JGB (5-Year) No. 1103.0950.269
2013-03-12JGB (5-Year) No. 1093.1210.120
2013-02-19JGB (5-Year) No. 1083.8110.122
2013-01-16JGB (5-Year) No. 1073.4410.156
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