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auctions / 5Y / 2015-06-16

Official Result (MOF)

Auction Date2015-06-16
Issue Date2015-06-22
IssueJGB (5-Year) No. 124(new)
Coupon (%)0.1%
Maturity2020-06-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥6.6T
Accepted Amount¥2.3T
Lowest Accepted Price99.88(0.124%)
Weighted Avg Price99.89(0.122%)
Allotment Ratio
Non-competitive I¥200.2B
Non-competitive II¥23.6B

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124回)
Legal basis財政法(昭和22年法律第34号)第4条第1項、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4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6月20日及び12月20日
Planned amount¥2.5T
Bid deadline2015-06-16 12:00
Payment date2015-06-22
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.872.803.932.804.87-1.81
Tail (sen)11104+0.00
Non-competitive take-up8.9%11.0%
GradeD (score -0.91)(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)0.20.2

Same-tenor Auction History

3.004.002014-062014-102015-022015-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-06-16JGB (5-Year) No. 1242.8710.122
2015-05-19JGB (5-Year) No. 1232.8010.100
2015-04-14JGB (5-Year) No. 1233.3810.081
2015-03-12JGB (5-Year) No. 1233.6420.122
2015-02-13JGB (5-Year) No. 1223.2940.122
2015-01-20JGB (5-Year) No. 1224.3800.000
2014-12-16JGB (5-Year) No. 1224.2400.083
2014-11-13JGB (5-Year) No. 1203.7020.160
2014-10-17JGB (5-Year) No. 1214.5420.134
2014-09-11JGB (5-Year) No. 1203.6900.179
2014-08-14JGB (5-Year) No. 1184.8700.147
2014-07-18JGB (5-Year) No. 1194.1400.147
2014-06-12JGB (5-Year) No. 1184.4700.183