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auctions / 5Y / 2023-05-15

Official Result (MOF)

Auction Date2023-05-15
Issue Date2023-05-16
IssueJGB (5-Year) No. 158(new)
Coupon (%)0.1%
Maturity2028-03-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥7.5T
Accepted Amount¥2T
Lowest Accepted Price99.90(0.120%)
Weighted Avg Price99.92(0.116%)
Allotment Ratio
Non-competitive I¥467.1B
Non-competitive II¥248B

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158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 deadline2023-05-15 11:50
Payment date2023-05-16
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.703.953.623.173.99+0.30
Tail (sen)21205+0.18
Non-competitive take-up26.0%24.7%
GradeC (score +0.06)(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)0.40.2

Same-tenor Auction History

3.504.002022-052022-092023-012023-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-05-15JGB (5-Year) No. 1583.7020.116
2023-04-11JGB (5-Year) No. 1573.9510.157
2023-03-14JGB (5-Year) No. 1563.2650.121
2023-02-16JGB (5-Year) No. 1563.9800.216
2023-01-13JGB (5-Year) No. 1553.6630.393
2022-12-08JGB (5-Year) No. 1543.5820.121
2022-11-15JGB (5-Year) No. 1543.3120.060
2022-10-14JGB (5-Year) No. 1543.9910.081
2022-09-13JGB (5-Year) No. 1533.7910.040
2022-08-16JGB (5-Year) No. 1533.402-0.007
2022-07-12JGB (5-Year) No. 1533.9200.039
2022-06-21JGB (5-Year) No. 1523.1730.083
2022-05-18JGB (5-Year) No. 1513.4010.017