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auctions / 5Y / 2023-08-15

Official Result (MOF)

Auction Date2023-08-15
Issue Date2023-08-16
IssueJGB (5-Year) No. 160(new)
Coupon (%)0.2%
Maturity2028-06-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥6.8T
Accepted Amount¥2T
Lowest Accepted Price100.02(0.195%)
Weighted Avg Price100.05(0.189%)
Allotment Ratio
Non-competitive I¥479.3B
Non-competitive II¥0M

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160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6月20日及び12月20日
Planned amount¥2.5T
Bid deadline2023-08-15 11:50
Payment date2023-08-16
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.354.683.763.264.68-1.13
Tail (sen)30205+1.02
Non-competitive take-up19.2%25.3%
GradeE (score -1.07)(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)0.60.0

Same-tenor Auction History

3.504.004.502022-082022-122023-042023-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-08-15JGB (5-Year) No. 1603.3530.189
2023-07-11JGB (5-Year) No. 1594.6800.132
2023-06-22JGB (5-Year) No. 1583.8510.068
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