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auctions / 5Y / 2022-04-12

Official Result (MOF)

Auction Date2022-04-12
Issue Date2022-04-13
IssueJGB (5-Year) No. 151(new)
Coupon (%)0.005%
Maturity2027-03-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥7.3T
Accepted Amount¥2T
Lowest Accepted Price99.88(0.029%)
Weighted Avg Price99.89(0.027%)
Allotment Ratio
Non-competitive I¥471.3B
Non-competitive II¥83.8B

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151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 deadline2022-04-12 11:50
Payment date2022-04-13
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.613.293.783.294.55-0.37
Tail (sen)12213-1.21
Non-competitive take-up21.5%18.8%
GradeB (score +0.42)(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

3.504.004.502021-042021-082021-122022-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2022-04-12JGB (5-Year) No. 1513.6110.027
2022-03-08JGB (5-Year) No. 1503.292-0.007
2022-02-15JGB (5-Year) No. 1503.3920.040
2022-01-12JGB (5-Year) No. 1503.342-0.041
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