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auctions / 5Y / 2023-10-11

Official Result (MOF)

Auction Date2023-10-11
Issue Date2023-10-12
IssueJGB (5-Year) No. 162(new)
Coupon (%)0.3%
Maturity2028-09-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥8.2T
Accepted Amount¥2T
Lowest Accepted Price99.83(0.334%)
Weighted Avg Price99.85(0.330%)
Allotment Ratio
Non-competitive I¥473.6B
Non-competitive II¥175.1B

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162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項及び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 deadline2023-10-11 11:50
Payment date2023-10-12
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.064.413.813.264.68+0.59
Tail (sen)22205+0.12
Non-competitive take-up24.3%26.5%
GradeC (score +0.24)(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

3.504.004.502022-102023-022023-062023-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-10-11JGB (5-Year) No. 1624.0620.330
2023-09-12JGB (5-Year) No. 1614.4120.291
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