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auctions / 5Y / 2021-05-19

Official Result (MOF)

Auction Date2021-05-19
Issue Date2021-05-20
IssueJGB (5-Year) No. 147(reopen)
Coupon (%)0.005%
Maturity2026-03-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥6.8T
Accepted Amount¥2.1T
Lowest Accepted Price100.48(-0.093%)
Weighted Avg Price100.50(-0.097%)
Allotment Ratio
Non-competitive I¥430.9B
Non-competitive II¥10B

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147回)
Legal basis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
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.5T
Bid deadline2021-05-19 11:50
Payment date2021-05-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.304.553.933.254.90-1.28
Tail (sen)22204+0.32
Non-competitive take-up17.6%23.7%
GradeD (score -0.80)(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)0.40.4

Same-tenor Auction History

4.002020-052020-092021-012021-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2021-05-19JGB (5-Year) No. 1473.302-0.097
2021-04-08JGB (5-Year) No. 1474.552-0.091
2021-03-09JGB (5-Year) No. 1463.254-0.062
2021-02-16JGB (5-Year) No. 1463.492-0.101
2021-01-13JGB (5-Year) No. 1463.833-0.111
2020-12-08JGB (5-Year) No. 1453.962-0.118
2020-11-12JGB (5-Year) No. 1453.520-0.105
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