Official Result (MOF)
| Auction Date | 2024-08-14 |
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| Issue Date | 2024-08-15 |
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| Issue | JGB (5-Year) No. 171（new） |
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| Coupon (%) | 0.4% |
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| Maturity | 2029-06-20 |
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| Method | price conventional |
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| Offering | ¥2.3T |
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| Competitive Bids | ¥6.1T |
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| Accepted Amount | ¥1.7T |
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| Lowest Accepted Price | 99.70（0.463%） |
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| Weighted Avg Price | 99.75（0.452%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥553.1B |
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| Non-competitive II | ¥229.2B |
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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171回） |
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| 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 |
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| Coupon dates | 毎年6月20日及び12月20日 |
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| Planned amount | ¥2.3T |
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| Bid deadline | 2024-08-14 11:50 |
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| Payment date | 2024-08-15 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 3.51 | 4.26 | 3.92 | 3.35 | 4.41 | -1.40 |
| Tail (sen) | 5 | 1 | 2 | 1 | 4 | +3.14 |
| Non-competitive take-up | 30.9% | 30.9% | |
| Grade | E (score -2.27) | (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) | 1.1 | 0.2 |
Same-tenor Auction History