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auctions / 5Y / 2016-10-14

Official Result (MOF)

Auction Date2016-10-14
Issue Date2016-10-18
IssueJGB (5-Year) No. 129(reopen)
Coupon (%)0.1%
Maturity2021-09-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥9.4T
Accepted Amount¥2.2T
Lowest Accepted Price101.50(-0.201%)
Weighted Avg Price101.50(-0.201%)
Allotment Ratio
Non-competitive I¥224.2B
Non-competitive II¥358.5B

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129回)
Legal basis特別会計に関する法律(平成19年法律第23号)第47条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.4T
Bid deadline2016-10-14 12:00
Payment date2016-10-18
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.313.033.802.794.66+0.95
Tail (sen)01219-0.97
Non-competitive take-up21.1%9.2%
GradeB (score +0.96)(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)0.00.2

Same-tenor Auction History

3.004.002015-102016-022016-062016-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-10-14JGB (5-Year) No. 1294.310-0.201
2016-09-08JGB (5-Year) No. 1293.031-0.175
2016-08-18JGB (5-Year) No. 1283.571-0.165
2016-07-14JGB (5-Year) No. 1283.452-0.365
2016-06-09JGB (5-Year) No. 1284.661-0.232
2016-05-17JGB (5-Year) No. 1274.152-0.225
2016-04-19JGB (5-Year) No. 1274.362-0.226
2016-03-10JGB (5-Year) No. 1273.595-0.142
2016-02-18JGB (5-Year) No. 1263.579-0.138
2016-01-19JGB (5-Year) No. 1264.1010.016
2015-12-15JGB (5-Year) No. 1264.2510.035
2015-11-17JGB (5-Year) No. 1254.1110.037
2015-10-14JGB (5-Year) No. 1252.7910.053