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auctions / 5Y / 2025-09-10

Official Result (MOF)

Auction Date2025-09-10
Issue Date2025-09-11
IssueJGB (5-Year) No. 180(new)
Coupon (%)1.1%
Maturity2030-06-20
Methodprice conventional
Offering¥2.4T
Competitive Bids¥7T
Accepted Amount¥1.9T
Lowest Accepted Price99.88(1.126%)
Weighted Avg Price99.91(1.119%)
Allotment Ratio
Non-competitive I¥504.1B
Non-competitive II¥185.3B

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180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項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.4T
Bid deadline2025-09-10 11:50
Payment date2025-09-11
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.702.963.692.964.58+0.01
Tail (sen)33317-0.14
Non-competitive take-up26.7%23.2%
GradeC (score +0.07)(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)0.70.6

Same-tenor Auction History

3.004.002024-092025-012025-052025-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2025-09-10JGB (5-Year) No. 1803.7031.119
2025-08-13JGB (5-Year) No. 1792.9631.056
2025-07-08JGB (5-Year) No. 1793.5420.989
2025-06-19JGB (5-Year) No. 1784.5850.982
2025-05-15JGB (5-Year) No. 1783.1960.980
2025-04-10JGB (5-Year) No. 1783.8440.938
2025-03-10JGB (5-Year) No. 1773.1771.157
2025-02-14JGB (5-Year) No. 1763.5230.982
2025-01-14JGB (5-Year) No. 1753.8210.876
2024-12-10JGB (5-Year) No. 1744.4210.734
2024-11-15JGB (5-Year) No. 1743.8120.706
2024-10-10JGB (5-Year) No. 1733.7330.562
2024-09-10JGB (5-Year) No. 1723.7620.521