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auctions / 5Y / 2020-10-08

Official Result (MOF)

Auction Date2020-10-08
Issue Date2020-10-09
IssueJGB (5-Year) No. 145(new)
Coupon (%)0.1%
Maturity2025-09-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥10T
Accepted Amount¥2T
Lowest Accepted Price100.94(-0.089%)
Weighted Avg Price100.95(-0.091%)
Allotment Ratio
Non-competitive I¥461.3B
Non-competitive II¥249.1B

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145回)
Legal basis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3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¥2.5T
Bid deadline2020-10-08 11:50
Payment date2020-10-09
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.903.564.012.734.98+1.57
Tail (sen)123018-0.44
Non-competitive take-up25.8%18.5%
GradeA (score +1.00)(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)0.20.4

Same-tenor Auction History

3.004.005.002019-102020-022020-062020-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2020-10-08JGB (5-Year) No. 1454.901-0.091
2020-09-08JGB (5-Year) No. 1443.562-0.091
2020-08-20JGB (5-Year) No. 1443.551-0.093
2020-07-09JGB (5-Year) No. 1444.251-0.103
2020-06-18JGB (5-Year) No. 1433.781-0.119
2020-05-18JGB (5-Year) No. 1434.491-0.122
2020-04-09JGB (5-Year) No. 1434.981-0.095
2020-03-10JGB (5-Year) No. 1422.7318-0.220
2020-02-18JGB (5-Year) No. 1424.491-0.144
2020-01-15JGB (5-Year) No. 1424.480-0.087
2019-12-10JGB (5-Year) No. 1414.028-0.083
2019-11-14JGB (5-Year) No. 1414.031-0.190
2019-10-17JGB (5-Year) No. 1413.693-0.280