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auctions / 5Y / 2021-12-09

Official Result (MOF)

Auction Date2021-12-09
Issue Date2021-12-10
IssueJGB (5-Year) No. 149(reopen)
Coupon (%)0.005%
Maturity2026-09-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥7.4T
Accepted Amount¥2T
Lowest Accepted Price100.43(-0.084%)
Weighted Avg Price100.44(-0.086%)
Allotment Ratio
Non-competitive I¥466.4B
Non-competitive II¥56.8B

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149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47条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥2.5T
Bid deadline2021-12-09 11:50
Payment date2021-12-10
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.634.543.863.254.55-0.54
Tail (sen)11214-1.30
Non-competitive take-up20.5%26.3%
GradeB (score +0.38)(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

3.504.004.502020-122021-042021-082021-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2021-12-09JGB (5-Year) No. 1493.631-0.086
2021-11-16JGB (5-Year) No. 1494.541-0.077
2021-10-14JGB (5-Year) No. 1493.861-0.079
2021-09-09JGB (5-Year) No. 1484.421-0.103
2021-08-24JGB (5-Year) No. 1483.762-0.120
2021-07-08JGB (5-Year) No. 1483.533-0.115
2021-06-22JGB (5-Year) No. 1473.793-0.097
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