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auctions / 5Y / 2018-09-13

Official Result (MOF)

Auction Date2018-09-13
Issue Date2018-09-14
IssueJGB (5-Year) No. 136(reopen)
Coupon (%)0.1%
Maturity2023-06-20
Methodprice conventional
Offering¥2T
Competitive Bids¥9.1T
Accepted Amount¥1.6T
Lowest Accepted Price100.81(-0.069%)
Weighted Avg Price100.82(-0.071%)
Allotment Ratio
Non-competitive I¥361.9B
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136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項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2T
Bid deadline2018-09-13 11:50
Payment date2018-09-14
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover5.533.954.363.885.24+3.12
Tail (sen)11103-0.11
Non-competitive take-up18.1%18.2%
GradeA (score +1.62)(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

4.005.002017-092018-012018-052018-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2018-09-13JGB (5-Year) No. 1365.531-0.071
2018-08-16JGB (5-Year) No. 1363.951-0.076
2018-07-10JGB (5-Year) No. 1364.871-0.107
2018-06-21JGB (5-Year) No. 1353.882-0.113
2018-05-17JGB (5-Year) No. 1354.221-0.103
2018-04-17JGB (5-Year) No. 1354.401-0.120
2018-03-13JGB (5-Year) No. 1354.181-0.108
2018-02-14JGB (5-Year) No. 1344.670-0.093
2018-01-16JGB (5-Year) No. 1345.241-0.084
2017-12-12JGB (5-Year) No. 1344.381-0.104
2017-11-14JGB (5-Year) No. 1334.191-0.107
2017-10-19JGB (5-Year) No. 1334.240-0.082
2017-09-12JGB (5-Year) No. 1334.073-0.110