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auctions / 5Y / 2019-10-17

Official Result (MOF)

Auction Date2019-10-17
Issue Date2019-10-18
IssueJGB (5-Year) No. 141(new)
Coupon (%)0.1%
Maturity2024-09-20
Methodprice conventional
Offering¥1.9T
Competitive Bids¥5.8T
Accepted Amount¥1.6T
Lowest Accepted Price101.87(-0.274%)
Weighted Avg Price101.90(-0.280%)
Allotment Ratio
Non-competitive I¥319.6B
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141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¥1.9T
Bid deadline2019-10-17 11:50
Payment date2019-10-18
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.693.614.563.615.31-1.67
Tail (sen)33103+2.29
Non-competitive take-up16.8%17.9%
GradeE (score -1.98)(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)0.60.6

Same-tenor Auction History

4.005.002018-102019-022019-062019-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2019-10-17JGB (5-Year) No. 1413.693-0.280
2019-09-11JGB (5-Year) No. 1403.613-0.308
2019-08-15JGB (5-Year) No. 1404.682-0.314
2019-07-09JGB (5-Year) No. 1404.341-0.233
2019-06-18JGB (5-Year) No. 1394.511-0.228
2019-05-16JGB (5-Year) No. 1394.941-0.170
2019-04-09JGB (5-Year) No. 1395.311-0.164
2019-03-12JGB (5-Year) No. 1384.711-0.157
2019-02-13JGB (5-Year) No. 1384.841-0.151
2019-01-16JGB (5-Year) No. 1385.150-0.144
2018-12-13JGB (5-Year) No. 1373.842-0.112
2018-11-15JGB (5-Year) No. 1373.890-0.087
2018-10-16JGB (5-Year) No. 1374.881-0.055